wordpress blog stats
Connect with us

Hi, what are you looking for?

Funding Roundup: Grabhouse, WizRocket & Transerv

Grabhouse raises $500K from India Quotient Mumbai-based online roommate search engine Grabhouse has raised $500,000 from the existing investor India Quotient, reports TechCircle. The company had earlier raised an undisclosed amount of funding from India Quotient and MV Krishnan of Deutsche Bank in January this year. The company plans to use the funds to increase search engine marketing (SEM) efforts and drive listings to the platform. Grabhouse claims to have 53,000 broker-free houses listed on its platform and claims to be adding over 350 houses on a daily basis. Earlier this year, the property hunt website also underwent a makeover and added a flurry of new features to its site that will help people find roommates faster  Prateek Shukla and Pankhuri Shrivastava co-founded the company in 2013. Grabhouse was one of the 10 start-ups incubated at the IQ boot camp. WizRocket raises seed funding from Accel Partners Mumbai-based start-up WizRocket has raised an undisclosed amount of seed investment from Accel Partners. It had earlier raised seed funding from Haresh Chawla, the former Network18 CTO and currently a partner at the private equity firm India Value Fund Advisors, according to a The Economic Times report. Burrp co-founder and former Freecharge COO Deap Ubhi is also an angel investor in the company. WizRocket is a SaaS-based user behavior analysis & targeting tool which aims to help web businesses interact with their users across offline and online mediums. It is currently in private beta and is expected to be launched by September 2014. Some of its private beta customers include BookMyShow, Pricebaba, HomeShop18 and the Nasdaq-listed Marchex.…

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

Free Reads

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

Views

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?...

News

RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.

News

Both the IT Minister and the IT Minister of State have chosen to avoid the actual concerns raised, and have instead defended against lesser...

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