For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Mumbai-based Shipler plans to raise $2.5mn: Report

By Religare
|

Shipler, a mobile-based platform for booking tempos anytime and anywhere in Mumbai, is planning to raise fund in the next two-three months to expand business across India.

As per Business Standard report, the Mumbai-based firm is in advanced talks with venture capital firms to raise around USD 2.5 million, which will be used to extend its reach to 25 cities.

Started by an alumini of IITians Kaustub, Vinay Julme, Kartik Kacholia, Pratibha Pathania, and Sudheer Jhajharia, the company had received 100 orders daily in the last two months.

 

The company has a huge client base, such as Future Supply Chain, Snapdeal and iDelivery. Shipler competes with Porter, Moovo, Shippr, Zaicus, Blowhorn and others, Business Standard reported.

Story first published: Monday, July 27, 2015, 12:40 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more