The startup raised an undisclosed amount of funds last year from well-known investors including Raghunandan G, founder of cab aggregator TaxiForSure and Phanindra Sama, founder of bus ticketing platform RedBus.
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A brainchild of 3 founders,Amitesh Misra, Nikhil Tiwari and Amaresh Chandra Misra, with varied core competencies, gives ShabdaNagari its entrepreneurial and executional edge over the others.
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This round of growth capital will help Capital Float expand its lending footprint to over 20,000 SMEs in 100+ cities, and continue to introduce new, transformational financial products online.
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The funds raised will be utilized to double up business development team, investment in technology and for creating awareness about the crowdfunding concept, says Nikhil.
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● Investment led by Blume Ventures along with Rajan Anandan (Google), Aprameya Radhakr- ishna (Taxi4Sure), Sujeet Kumar (ex Flipkart), Phanindra Sama (RedBus) ● Funds to be used towards product development and scaling for thousands of educators
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The fresh lease of funding will help Life Circle expand its operations beyond Hyderabad. The company will soon launch its services in New Delhi and aims to reach 20 cities in India by 2020.
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The company had earlier raised Rs. 4 crore in angel funding from Srikanth and Bharath from K12 Techno Service Pvt. Ltd & Atul Jalan, Founder & CEO of Mathan Software Service Pvt Ltd. Zenify, today has a total funding of Rs. 10 crore.
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New Zarget Platform is the Only Solution to Offer A/B Testing, Real-time Heatmaps and Funnel Analysis with the Simplicity of a Chrome Plugin
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