Zoomcar shutting down Pedl; Moglix raises $23M; India 2nd most mobile spam affected country

Zoomcar shutting down Pedl; Moglix raises $23M; India 2nd most mobile spam affected country
x

  • 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.


Next Story
Share it
Top
To Top