Jugnoo launches taxi aggregation amid strike by Ola, Uber drivers

JugnooSoCoMo Technologies Pvt. Ltd, which runs on-demand delivery services startup and auto rickshaw aggregator Jugnoo, has announced its entry into the taxi aggregation business at a time when key players in the segment are facing drivers’ ire over diminishing incentives and low earnings. “We have come up with a strategy to provide taxi services at […]

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Jugnoo pushes back bigger funding plan, tops up Series B round

Jugnoo22SoCoMo Technologies Pvt Ltd, which runs on-demand delivery services startup and auto-rickshaw aggregator Jugnoo, has raised more money at its existing valuation after pushing back a planned Series C funding round. The Chandigarh-based startup said on Monday it has raised an additional $10 million (Rs 66.5 crore) in an extended Series B round of investment, […]

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After Uber, Jugnoo warns Ola of legal action

jugnooAuto-rickshaw aggregator Jugnoo on Wednesday threatened to take legal action against Ola and accused the cab-hailing firm of trying to hurt its business, a day after Uber Technologies Inc dragged its main Indian competitor to court after making similar allegations. “We have evidence to support our claims. We are planning to take suitable legal action against […]

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TV actress Saumya Tandon invests in Jugnoo

Saumya-TandonTV and film actress Saumya Tandon has invested an undisclosed amount in on-demand delivery services and transportation aggregation startup Jugnoo. Saumya, who has played character roles in films such as Jab We Met and television serial Bhabi Ji Ghar Par Hai, will also be Jugnoo’s brand ambassador. “With Saumya coming on board, our patrons and new […]

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Jugnoo closes Series B funding round with $5.5M

jugnooChandigarh-based SoCoMo Technologies Pvt Ltd, which runs on-demand delivery services and urban transport aggregator startup Jugnoo, has closed its Series B round with a total of $5.5 million (around Rs 37 crore), with $2.5 million raised in the final tranche. Existing investors Paytm and Snow Leopard Technology Ventures participated in the round, with Paytm leading […]

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Exclusive: Jugnoo close to Series C funding from Paytm, others

JugnooSoCoMo Technologies Pvt Ltd, which runs on-demand delivery services and urban transport aggregator startup Jugnoo, is in advanced talks to raise its Series C round of funding that would give it a medium term investment runway to expand its business. Samar Singla, co-founder and CEO, Jugnoo told Techcircle.in that existing investor Paytm has already committed […]

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Exclusive: Jugnoo close to Series C funding from Paytm, others

JugnooSoCoMo Technologies Pvt Ltd, which runs on-demand delivery services and urban transport aggregator startup Jugnoo, is in advanced talks to raise its Series C round of funding that would give it a medium term investment runway to expand its business. Samar Singla, co-founder and CEO, Jugnoo told Techcircle.in that existing investor Paytm has already committed […]

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Social fitness app Fitso gets $200K from Jugnoo CEO, others

FitsoFitso, a social networking app that connects users with similar fitness-related interests, has secured $200,000 (Rs 1.3 crore) in angel funding from ex-Grofers CTO Varun Khurana, Jugnoo CEO Samar Singla and Wildcraft’s Vinay Bansal. Gurgaon-based Jogo Technologies Pvt Ltd, which runs Fitso, will use the money raised to strengthen its technology backbone and expand operations […]

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Jugnoo gets $3M in Series B funding from Paytm, others

SoCoMo Technologies Pvt Ltd, which runs on-demand delivery services startup Jugnoo, has raised $3M in Series B funding led by existing investor Paytm. Freecharge CEO Kunal Shah and other investors also participated in this round of funding, as per a press statement. Jugnoo will utilise the capital raised to expand presence across the country and streamline […]

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Jugnoo secures fresh funding from Paytm

SoCoMo Technologies Pvt Ltd, which runs on-demand delivery services startup Jugnoo, has raised fresh funding from mobile wallet and e-commerce marketplace Paytm. The Times of India, which first reported the development, said that Jugnoo has secured $10 million from Paytm’s parent One97 Communications Ltd. Samar Singla, co-founder and CEO of Jugnoo, confirmed the fund infusion but declined […]

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