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Lookup secures $2.5M in series A round of funding

Bangalore-based Lookup has raised $2.5 million in funding led by Khosla Impact and participation from Catamaran Ventures, Global Founder Capital and Twitter co-founder Biz Stone. Note that Lookup had raised a part of this funding back in May from Biz Stone. The platform will use the funds to expand its merchant base and to expand to other cities. In January this year, Lookup raised $382,000 in seed funding from various investors. This included funding from Japanese investors Teruhide Sato and DeNA Co., other than $160,000 from Infosys co-founder Kris Gopalakrishnan and $100,000 from MKS Switzerland in December last year. As of now, Lookup offers an Android and iOS app on which allows businesses and users to interact with each other. Users can search for a shop, service or product and then chat with them to get things done. For example users can share an image of their grocery list with the kirana store to get it delivered, or lookup a local mechanic when stuck with a flat tire etc. The app claims that users can book doctors, dentists, salons, get laundry washed, find markers, get electronics repaired and even look for the nearest petrol pump or ATM. Users are not required to sign in to use the app. Businesses on the other hand need to go to settings to ‘Claim your business’, post which they can start representing the store. It’s not clear if the company verifies the businesses listed on the platform and how. Speaking to MediaNama the company…

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© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ