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Food, e-commerce delivery constitutes 46% of our primary users: Vogo CEO

Food, e-commerce delivery constitutes 46% of our primary users: Vogo CEO
indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.

Andhra Pradesh , Padmanabhan Balakrishnan , Rahul Subramanian , Gowtham Shravan Kumar , Anupama Sajeet , Sanchit Mittal , Anand Ayyadurai , Brainvalley Solutions , Global Services , Vogo Automotive , Vogo Keep , Vogo Keep ,

[Funding alert] VOGO raises $11.5M to focus on growth and EV expansion


[Funding alert] VOGO raises $11.5M to focus on growth and EV expansion
VOGO will use the funding towards the expansion and electrification of its fleet and bolster current execution capabilities to achieve profitability in the next year.
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$11.5 million capital as an extension of
Series C round, from its existing investors including
Lightrock, Kalaari, Matrix Partners, and
Stellaris Venture Partners. 
The startup will be used to expand and electrify the fleet, to increase focus on achieving profitability by improving unit economics, asset utilisation, and to optimise marketing growth through better consumer understanding. With net positive contribution margins, VOGO is making strides towards achieving profitability by the end of this year, the statement added. ....

Vaidhehi Ravindran , Padmanabhan Balakrishnan , Sanchit Mittal , Anand Ayyadurai , Matrix Partners , Stellaris Venture , Artificial Intelligence , Machine Learning , Kalaari Capital , Matrix Patners , Light Rock , பத்மநாபன் பாலகிருஷ்ணன் , சஞ்சிட் மிட்டல் , அணி கூட்டாளர்கள் , செயற்கை உளவுத்துறை , இயந்திரம் கற்றல் , ஒளி பாறை ,

Startup news and updates: daily roundup (Feb 18, 2021)


Shiprocket, a tech-enabled logistics aggregator for D2C sellers, has announced on Thursday that it has raised $27 million (Rs 200 crore) in Series C3 funding round. The round was co-led by Tribe Capital, a leading Silicon Valley-based venture capital firm, along with March Capital, a Santa Monica-based venture growth firm. Rahul Mehta of DST Global also participated in the round along with existing investor Bertelsmann India Investments.
Team at Shiprocket
Tech firm OutSystems on Wednesday said it has raised $ 150 million (about Rs 1,092 crore) capital, co-led by Abdiel Capital and Tiger Global, valuing the company at $ 9.5 billion. The funding will be used to expand investments in its R&D and GTM (go-to-market) strategy, a statement said. Founded in Portugal in 2001, OutSystems modern application platform tools help developers rapidly build and deploy a full range of applications. ....

Padmanabhan Balakrishnan , Rahul Mehta , Sanchit Mittal , Anand Ayyadurai , Srinivas Chunduru , Piramal Group , Shiprocket Team At , National Company Law Tribunal , Reliance Industries , Tribe Capital , Silicon Valley Based , March Capital , Santa Monica Based , Bertelsmann India , Abdiel Capital , Tiger Global , Matrix Partners , Stellaris Venture , Future Group , Oxford Economics , Daily Roundup Startup News , பத்மநாபன் பாலகிருஷ்ணன் , ராகுல் மேத்தா , சஞ்சிட் மிட்டல் , ஸ்ரீநிவாஸ் சுண்டுரு , பிரமல் குழு ,