wordpress blog stats
Connect with us

Hi, what are you looking for?

Funding Digest: StaffOnContract, Exotel, AppSurfer

Joule Consulting Pvt Ltd which operates the employment portal StaffOnContract.com has raised Rs 0.5 crore in angel funding from Indiagames CEO Vishal Gondal, reports TechCircle. The company intends to use the funds raised to improve their technology platform and on marketing. StaffOnContract is essentially a hiring marketplace which works on a B2B model, acting as platform between staffing companies which offer contract employees and IT firms. It works on a freemium model offering a free and premium subscription (worth Rs 6000) for employees and offering a premium subscription for employers. The company claims to have 2,000 individuals, 100 employers and 5000 staffing companies onboard and intends to foray into banking and retail sectors in the future. *** Bangalore-based Exotel, which provides a virtual business telephony system, has raised Rs 2.5 crores in its Series A funding from Blume Ventures and Mumbai Angels in return for 25% stake, reports Pluggd.in. The company intends to use the funds raised to improve its infrastucture. Exotel provides a phone number which allows small businesses to manage their inbound voice and text messages without the need of investing in a call centre type infrastructure. The company also offers a virtual dashboard that offers various tools to help businesses manage several areas like sales, marketing, customer support, business intelligence, and analytics. Exotel claims to have more than 65 customers and clock revenues of Rs 4 lakh per month. *** Raining Clouds Technologies Pvt Ltd has raised Rs 1 crore in seed funding from Vijay Shankar Sharma, founder of One97 Mobility Fund, reports TechCircle.…

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