#Fundingwire: Truck Logistics Startup Truckola Raises $595K & More


Fundingwire is your quick summary of notable investments made in the technology space. The firms which have recently raised investment include Truckola, iserve Financial, Dogsee chew and e27

Logistics Startup Truckola Raises $595K

Truckola, Mumbai based logistics startup has raised $595,000 from angel investors. The round was led by Abhishek Agarwal of Fortune Interfinance with participation from other investors like Krishna Kumar Natarajan, executive chairman of Mindtree; Shanti Mohan, founder of LetsVenture; Sarthak and Nihit Agarwal of Shubhalakshmi Polyesters; and AI Hamra Group.

Truckola was founded in 2015 by Raghav Himatsingka, Keshav Himatsingka and Vipul GargIt fulfils supply and demand of intercity transportation, by making a feasible platform for better user experience. The company will utilise raised funds to optimise the transport ecosystem and for scalability of operations. Read More

Wiwigo Raises $600K From IAN

Wiwigo, an inter city taxi service provider, has raised $600,000 funding from Indian Angel Network and 2 HNIs. IAN Investors, Priyank Shankar Garg & Harsh Chitale have led the funding round. Priyank Shankar Garg will join the board of Wiwigo to mentor the team for fast growth. Wiwigo offers roundtrip and multi city travel options. The raised amount will be used for expansion of company operations.

Iserve Financial Secures Seed Funding 

Iserve Financial secures seed funding from a group of investors including Nilesh Shah, CEO of Kotak Mutual Fund. The company was started with the mission to serve financial needs of consumers across retail loans, investment and protection solutions.

It was founded by Dipak Samanta,Rahul Bhaik, Krishna Iyer, and Sasanka Panda. The raised funds will be used for market penetration and for improvement of it’s online portal reach. Read More

Dogsee Chew Raises $297K 

Bangalore-based Dogsee Chew, has secured $297K in an angel round of funding. The investment round was led by Renu Balyan and Jyotsna Bapat, an Associate Professor at IIIT Bangalore.

Bhupendra Khanal, founded Dogsee Chew in 2015. The company provides healthy and natural dog treats sourced from the manufacturers and suppliers in the Himalayan range – Nepal and Darjeeling. Presently company offers seven products and retails in over 20 states of India. Read More

e27 Secures Funding in New Round 

Singapore based technology blog e27 has raised an undisclosed amount in a new round of funding.

In July 2015, e27 raised about $650K in funding and before that, in 2013, the company had raised $615k funding from 8capita Partners, Ardent Capital, B Dash Ventures, and Pinehurst Advisors. Read More

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