wordpress blog stats
Connect with us

Hi, what are you looking for?

Funding roundup: MoveInSync, BoxMySpace and Ketto

MoveInSync raises undisclosed amount from InnoVen Capital India Bangalore-based employee transport solution provider MoveInSync has raised an undisclosed amount of investment from InnoVen Capital India, reports Vccircle. The startup will use the funds for its working capital requirements and to find more clients for its transportation management solution. Prior to this, MoveInSync had raised $5 million from Inventus Capital Partners, Qualcomm Ventures and Saama Capital. The startup currently provides a transport management solution called Employee Transportation Solution (ETS) to companies to manage their cab fleets. The system works by installing a touch screen device inside the cabs. This device then syncs with a web server to provide real time data on Routing, Employee Cab Usage Records, Tracking and Reporting. The service uses a PIN-based authentication system to verify and track employees and also provides an automated Billing solution. BoxMySpace raises Rs 1.92 crore from individual investors Mumbai-based storage solutions provider BoxMySpace has raised Rs 1.92 crore from a group of investors led by Farooq Oomerbhoy and participation from Ritesh Veera and Singapore Angel Networks, reports YourStory. The startup will use the funds for expanding its operation in other metro cities including Pune, Bangalore and Delhi as well as for marketing. Founded in January 2015 by Pratyush Jalan, the platform offers real world storage space for storing physical goods belonging to a consumer. Users can rent the space either through the web or Android/iOS mobile apps for a starting price of Rs 99. The belongings are then picked up by the…

Please subscribe/login to read the full story.
Written By

Free Reads

News

With GPS in every car, India's toll collection is going high-tech.

News

Google is currently undergoing the necessary procedures for the leasehold land, which is presently under the ownership of the Maharashtra Industrial Development Corporation.

News

The pilot project for which is being launched in 19 cities this year, with a plan to launch a full-fledged rollout next year.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ