Gurgaon-based carpooling app Orahi has raised Rs. 3.5 crore from Indian Angel Network (IAN). IAN Investors, Vinish Kathuria and Amandeep Gupta led the round and will join the board of Orahi to mentor the team for growth.
Orahi will use the investment to enhance the product and its functionalities, grow the team, increase its users and enhance its presence. It is a dynamic ride sharing system that lets user share car rides to office and back. It is a community-based system that enables rides with friends, colleagues, and neighbours. The mobile app and website is compatible with all phones.
Launched by Sameer Khanna and Arun Bhati, Orahi played a significant role in facilitating car poolers in Delhi, Gurgaon and Noida. Their corporate connect program connects 500 companies in Delhi/NCR to enable carpooling amongst their employees.
Sameer has carried out several management roles at Ericsson, and other MNC’s like Cisco and Huawei. He has over a decade of experience in building teams, strategy and products. Arun is a Post Graduate from IIM Calcutta and an MANIT Computer Science Engineer with 18+ years of experience. Before Orahi, Arun was heading global operations for tendering offshoring for Ericsson Global Services.
”India has 30 million cars on road and we are going to target 10% of these cars to enable carpooling in next two years,” said Sameer Khanna, Founder and CEO, Orahi.
In November 2014, a similar car pool service by Tripda was launched in India. Paris-based carpooling marketplace BlaBlaCar has also entered in India last year, has 20 million members and is serving 700 cities in India.Category Investments News