Jugnoo, a startup that provides an Uber-like service for auto-rickshaws in India, has closed out its Series B round having raised a total of $10 million. Investors included Snow Leopard, Rocketship.vc, Alibaba-backed payments firm Paytm, and the CEO of Snapdeal-owned Freecharge.
‘Always be raising,’ they say, and in Jugnoo’s case the company has taken that to heart. After landing a $5 million Series A round last summer, it raised an initial $3 million Series B in November, before it added a further $2.5 million in January. This is the final close, a…
India’s Jugnoo wraps up $10M Series B for ‘Uber for auto-rickshaws’ service
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