Local commerce mobile messaging app Lookup, which had recently raised over USD 260,000 from Swiss metals and financial services firm, MKS and Infosys co-founder Kris Gopalakrishnan, has now secured over USD 120,000 in its seed round, bringing it to a total of around USD 382,000 (about INR 2.4 crore).
The latest funding was led by two Japanese investors DeNA Co and Teruhide Sato. DeNa runs a social games platform Mobage while Teruhide Sato is the founder of internet and e-commerce business incubator, Beenos Group.
“India is a very big and exciting market for investors around the globe now. We feel Lookup is a great idea and has the potential to gain the local market,” said Sato, who is also the CEO & president of Netprice.
As per ET report, Lookup will be planning for a Series A round of funding soon.
Lookup app can be used to make reservations at restaurants, bars, pubs, hotels; to book appointments at spas, salons, clinics, hospitals; get information about deals, product availability, prices, timings from the offline stores as well as to share pictures with local stores to get information about products. Currently, it is available in Bangalore, India and will expand to more cities soon.
Also, It has partnered with Bengaluru police to help the public connect with the Police over chat. The app is freely available for Android users and its competitor in business messaging service, Haptik had recently raised USD 1 million from Kalaari Capital.
Image Source: LookupCategory Business Investments