wordpress blog stats
Connect with us

Hi, what are you looking for?

Traffline secures Series B investment from Qualcomm Ventures

Birds Eye Systems Pvt. Ltd owned real-time traffic information provider Traffline has raised an undisclosed amount in a Series B round of funding from Qualcomm Ventures. The company plans to use the funds to expand its operations to 10 cities by the end of the year, as indicated by this Livemint report. Previously, Birds Eye Systems had raised an undisclosed amount of funding from Matrix Partners India in December last year. It had also raised Rs 2 crore from the Indian Angel Network in April 2012, to further develop its product and enhance the scope of its services. Currently, Traffline operates in Bangalore, Mumbai, Delhi, Chennai, Hyderabad and Pune and provides traffic information to its users, based on data sourced from GPS in cabs and buses on the city roads. The service claims to let users find routes with the least traffic between travel points with its website or app and lets them request by SMS the quickest route between two points. The company had also started offering paid daily traffic alerts to consumers in the aforementioned cities, in July last year. The paid subscription plan has seen a significant overhaul since then and now costs Rs 399 a year for additional features like daily route recommendations by SMS, real time traffic alerts and live (on-call) agent assistance, instead of Rs 849/549 per year for SMS/email alerts. The service can be currently accessed via its Android, iOS, Windows or BlackBerry app or a desktop browser. The company used to offer a taxi…

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

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

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

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