US-based cab hailing app Uber today said it is expanding uberPOOL service to three more Indian cities -- Chandigarh, Jaipur and Ahmedabad.
With this, uberPOOL is now available in 12 Indian cities.
The expansion strategy is an effort to promote shared mobility in India with uberPOOL allowing people heading in the same direction to take the same ride, Uber said in a statement.
uberPOOL is available in metros as well as cities like Bengaluru, Hyderabad, Pune, Guwahati and Kochi. ****** Zefo raises Rs 60 cr from Sequoia India, Helion, others * Zefo, a used goods marketplace, has raised Rs 60 crore in series B funding from existing investors Sequoia India and Helion Venture Partners along with Japanese fund Beenext.
Zefo will invest the cash in strengthening its core operations including warehousing and logistics, expanding its product and technology team as well as expanding its newly launched mobile phones business, it said in a statement.
The company is currently present in Bengaluru, Mumbai and NCR in categories like furniture, home appliances and mobile phones.
The company most recently raised Rs 40 crore, led by Sequoia India in 2016 and is growing at 30 per cent every month.
****** Marico adopts Microsoft Azure platform * Consumer products company Marico has recently adopted Microsoft's Azure platform to improve its business productivity.
The adoption of Microsoft's solution has helped Marico increase its data processing speed by over 150 per cent, Microsoft said in a statement.
No financial details were disclosed.
******* Little Black Book raises Rs 6.5cr from Blume, others * Iluminar Media, which owns and operates Little Black Book (LBB), has raised Rs 6.5 crore from Blume Ventures and existing partners, IDG Ventures and Indian Angel Network (IAN).
LBB, a local recommendations and discoveries platform, will use the newly raised funds to expand its geographical footprint and scale revenue streams.
In 2016, LBB had raised USD 1.2 million, led by IDG Ventures India and IAN. In the previous year, the company had raised a seed investment of USD 150,000 from a group of angel investors, including Rajan Anandan and Sachin Bhatia.
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