Zoomcar shutting down Pedl; Moglix raises $23M; India 2nd most mobile spam affected country
19 Dec 2018 12:30 AM GMT
Car rental platform, Zoomcar is shutting down the operation of Pedl, its dockless cycle sharing platform.?While Zoomcar has iterated on several cycle designs with a variety of different cycle manufact...
- Car rental platform, Zoomcar is shutting down the operation of Pedl, its dockless cycle sharing platform.
- This comes after the company raised an undisclosed Series A funding from Ola, Hero MotoCorp’s Chairman, Pawan Munjal, Matrix Partners and Stellaris Venture Partners earlier this year.
- Anand and BhavishB2B marketplace Moglix raises $23 M led by Accel PartnersMoglix, the B2B ecommerce startup, closed its Series C funding on Tuesday, raising $23 million from the round.
- The participating investors included Accel Partners, Jungle Ventures and International Finance Corporation (IFC) among others.
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