wordpress blog stats
Connect with us

Hi, what are you looking for?

Funding roundup: JustRide, GREX, LazyLad & more

JustRide raises undisclosed amount of funding from individual investors Self drive car rental marketplace JustRide has raised an undisclosed amount of seed funding from Alok Mittal, Niraj Singh, Nikunj Jain, Zishaan Hayath, Punit K Goyal, Anirudh Damani, Rohit Chokhan, and Palaash Ventures, reports YourStory. JustRide will use the funds for building technology, hiring and expansion to other cities. It currently operates in Mumbai, Pune, Gurgaon and Bangalore. The YS report claims that the company has 700 customers and has generated over 1,200 transactions, with 30% of its customers opting for a feature where the cars are delivered to their homes or offices. **** GREX raises $625,000 from multiple investors GREX Alternative Investments Market, a platform which lists startups and unlisted companies to raise capital from private investors, has raised $625,000 in angel funding from Kunal Bajaj, Chandru Badrinarayanan and a group of unnamed private investors, reports VCCircle. It also lists Rimpal Chawla, Aruna Vaidyanathan, Rajeshwari Bhattacharyya and Reenu Singh as investors. GREX will use the funds to invest in IT and launch new financial products and features on the platform. The company claims that over 200 startups and 150 investors are registering on its platform and will go live next month. **** Bona Vita raises $5 million from MakeMyTrip Not yet public Bona Vita, founded by Amitabh Misra, ex CTO of Snapdeal, has raised $5 million in funding from online travel agency MakeMyTrip, reports VCCircle. The company will use the funds for building products in the travel industry. **** LazyLad…

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

I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

Free Reads

News

The blog post claims that the model is competitive with existing frontier multimodal models and even outperforms others in real world spatial analysis. 

News

Ministry Secretary Vumlunmang Vualnam talked about a separate set of guidelines for drone usage based on specific use cases like civil and public uses,...

News

Under the new definition, physical point-of-sale payment providers also fall within the ambit of payment aggregators.

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