India Funding Roundup: Lookup, Kulzy, Voodoo, Zify, Voodoo, Homigo

Advertisement
By Sriram Sharma | Updated: 22 March 2016 17:28 IST

Lookup
Bengaluru-based Lookup, a messaging app that connects shoppers with local businesses announced that it has raised $2.5 million (roughly Rs. 16 crores) in Series A funding. The funding round is led by Vinod Khosla's personal fund Khosla Impact, and saw participation from Twitter co-founder Biz Stone, Narayana Murthy's Catamaran Ventures, and Global Founders Capital, the European investment fund from Rocket Internet's Samwer brothers. Other participants include Geneva based ACE & Company, Singapore based M&S partners, New Look fashion chain founder Tom Singh, Lookout founder Kevin Mahaffey, and LivSpace founder and former Google Local head Anuj Srivastava.

In an emailed statement, Deepak Ravindran said that Lookup uses chat to disrupt local commerce in India, which is a $750 billion industry, with 45 million local businesses - the highest shop density in the world. Lookup handles about 100,000 daily messages a day, the company claimed.

Kulzy
Kulzy Media Pvt Ltd, a venture floated by one of the promoters of digital media firm Banyan Netfaqs Pvt Ltd, has reportedly raised $1.3 million for Kulzy.com, Sandeep Vij, Co-Founder and Director, Kulzy Media, told VCCircle. Kulzy is a social platform for media and advertising professionals, connecting creators, agencies, clients, and others, an investor said."

Advertisement

Zify
Hyderabad-based Zify, an app for carpooling and ride sharing, reportedly closed its first angel funding round raising Rs 1.2 crores. Zify presently operates in Hyderabad, Bengaluru, and Gurgaon, and reportedly has 11,000 registered users and does about 500 daily rides on an average. Founded by Pramod Kumar and Anurag Rathor in 2014, Zify lets users search and book a shared ride with a verified member of its community at Rs. 5 per kilometre, and lets users form women-only groups.

Advertisement

Voodoo
Delhi-based Voodoo, an online shopping assistant that integrates with apps on your device to power price comparison, metasearch for cabs, product discovery for fashion, and coupons, raised $1 million (roughly Rs. 6.4 crores) in a seed round from SAIF Partners. Voodoo works with 26 apps which include e-commerce platforms like Flipkart, Snapdeal, Ola, Uber, Paytm and others.

Homigo
Bengaluru-based online furnished shared rentals startup Homigo has raised $200,000 in its seed round (roughly Rs. 1.2 crores) from an undisclosed set of investors. Founded in 2015 by IIT graduates Jatin Mitruka, Nikunj Batheja, and Aakash Verma, Homigo provides fully furnished houses for rental on a per-bed basis. With the seed funding, it reportedly plans to expand Bengaluru and aims to reach 500 beds. The startup is planning to launch its app soon.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Here's How Much the Samsung Galaxy Z TriFold May Cost in India
  2. Nothing Phone 3a Community Edition Will Launch on This Date
  3. Red Dead Redemption Comes to Android and iOS via Netflix Games
  4. Motorola Edge 70 India Launch Date Leaked; Might Arrive With Bigger Battery
  5. iPhone 16 Price Drops Under Rs. 63,000 on Croma With Bank Discounts
  6. OnePlus Ace 6T With Massive 8,300mAh Battery Launched at This Price
  1. Pariah OTT Release: Vikram Chatterjee’s Heart-Wrenching Stray Dog Thriller Set for OTT Debut
  2. Dies Irae OTT Release: When, Where to Watch Pranav Mohanlal's Malayalam Horror Thriller Online
  3. A Nearby Planet May Have Formed the Moon Following a Collision With Early Earth: Study
  4. Netflix’s Gritty Frontier Drama The Abandons to Begin Streaming Soon: All You Need to Know
  5. Superman OTT Release Date Announced: Everything You Need to Know About Clark Kent's Latest Adventure
  6. International Space Station Makes History As Eight Visiting Spacecraft Simultaneously Dock
  7. Dulquer Salmaan’s Kaantha Set for OTT Debut: When and Where to Watch 1950's Period Drama Online?
  8. Motorola Edge 70 India Launch Date Leaked; Indian Variant Said to Feature Bigger Battery, Slim Design
  9. SpaceX Adds 29 New Starlink Satellites in Successful Falcon 9 Launch
  10. UK to Recognise Crypto as Property After Lawmakers Approve Landmark Bill
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.