08 Jun '15, 4pm

Jugnoo raises $5M to #expand hyperlocal rides and food across more of India

Jugnoo raises $5M to #expand hyperlocal rides and food across more of India

Jugnoo raises $5M to expand hyperlocal rides and food across more of India June 8, 2015 India’s Jugnoo , a startup that has apps for both auto ricksaw rides and food delivery, today revealed that it has raised US million in series A funding. The investment is from PayTM and Snow Leopard, reports Trak . The main Jugnoo app, started in November 2014, is like Uber for rides in auto rickshaws, those motorized three wheelers you see all over India. The other service is Jugnoo Meals , launched in February, which offers home delivery of freshly home-cooked food with a rotational menu. The meals are cooked by Jugnoo’s in-house chefs and are delivered within 30 minutes of placing the order. In addition to the existing apps, Jugnoo launched Jugnoo Fatafat in April, a hyperlocal ecommerce marketplace for home delivery of fresh groceries. The customer can place an order for food, alco...

Full article: http://svca.org.sg/jugnoo-raises-5m-to-expand-hyperlocal-...

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