Our latest appropriation roundup compiles investments in an automobile rickshaw aggregator, platforms for lifestyle product discovery, Bitcoin trading, consultant advice, and a builder of electric motorcycles.
Paytm announced Monday that it led a Series B appropriation of $10 million in Chandigarh-based Jugnoo. The auto-rickshaw hailing and hyperlocal smoothness mobile app perceived $5 million from Paytm and a remaining from existent financier Snow Leopard and a new financier named Rocketship.vc. At present, a auto-rickshaw aggregator and hyperlocal smoothness use provider operates in 30 cities and 11 villages opposite a country, and has a network of around 10,000 auto-rickshaw drivers.
Smytten, a find height for reward lifestyle products, has perceived an undisclosed sum of appropriation from Rajan Anandan, MD of Google India and South East Asia. The startup pronounced it will use this turn of appropriation to enhancing user knowledge and product development, detached from expanding the user and code base, with a concentration on AI and personalisation. Founded by ex-Unilever and Google executives, Siddhartha Nangia and Swagata Sarangi – Smytten provides a curated find hearing and selling knowledge for over 80 domestic and general brands on the platform.
Indian Bitcoin trade height Coinsecure announced a fund