The company has a current user base of 15000+ and 20 corporate clients with aggressive plans to grow upto 500 cities and achieve a target user base of 1000,000 by end of 2016.
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Here is a list of 10 companies who have announced their future plans including Jugnoo, BookMyShow, Fundamentor, Yatra, MobiKwik and Coverfox among others
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Amount to be used towards launching the product and generating traction in terms of alliances and consumer base
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The company works on a channel partnership model and generates revenue for every order processed on its platform. It is now, also working with brands to provide them chatbots for their use case and application.
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With this $1 million funding, BHIVE plans to expand strongly in Bangalore while also establishing a presence in the top 6 cities of India.
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Here is a round up of 7 startups who have raised funding for their growth and expansion including Parentlane App, Online Distribution Network, Blinge, MyCareLine, GharCentre, SmartQ and SchoolWear.
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PayU India announced the appointment of former Bharti Airtel’s executive, Sachin Singhal as its Head of Consumer Business and Snapdeal plans to scout for acquisitions that will boost its eCommerce and payments, as well as in the logistics space.
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“We will use this round of funding to further build on the PurpleHealth.com product roadmap and strengthen the team.”
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