wordpress blog stats
Connect with us

Hi, what are you looking for?

Unbxd Raises Funding from Indian Angel Network

Bangalore-based Unbxd has raised an undisclosed amount of funding from Indian Angel Network (IAN). The funding round was led by IAN members Manav Garg and Sharad Sharma with Manv Garg joining the company’s board.

The company plans to use the money raised to improve its product, expand its reach to e-commerce players across the world and for hiring.

Founded in October 2011, Unbxd offers an in-site search functionality for websites, with a special focus on e-commerce portals. It is currently developing a software as a service (Saas) version of the Unbxd search called ‘Unbxd Search Cloud’ and plans to launch a beta version of the product in November. Going forward, Unbxd also plans to expand to other verticals like travel, matrimony, retail, classifieds and others in the future.

Customers: When we checked, the company website had a landing page suggesting that the website will be launched soon. However, a YourStory.in article suggests that the company already has 15 customers including IndiaPlaza and TravelGuru.

Other Players: Google offers a custom search engine service, which enables website owners to add a search box to their web pages and allow users to search across only that specific domain in the basic version while the premium version further allows website owners to customize the search engine design, feature ad-free search results and remove Google branding among other features.

Advertisement. Scroll to continue reading.

The basic version is available free of cost while the premium version is available through various subscription plans depending upon the search queries received every year, starting from $100 for 20,000 search queries to $2000 for 500,000 search queries.

Recent IAN Investments: Earlier in the month, Aurus Networks had raised an undisclosed amount of funding from Indian Angel Network (IAN). Prior to this, Indian Angel Network along with Blume Ventures had invested in the social gaming company Hashcube. Interestingly, Indian Angel Network has also invested in an online gaming startup Gamiana in February 2012. Other recent IAN investments from IAN include Rs 2 crore funding in the Mumbai based Geographical information systems startup Birds Eye and $500,000 funding in the hotel booking portal Stayzilla.com.

Written By

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

Views

News

India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.

News

Find out how people’s health data is understood to have value and who can benefit from that value.

News

The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.

News

When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

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

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...

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...

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