Delhi-NCR Based Startup Cloud1 Enterprises Raises Funding From JLL India
Property consultant JLL India's arm has invested an undisclosed amount in the NCR-based Cloud1 Enterprises, a technology platform for bringing efficiency in employee transportation.
In October last year, JLL India had launched a real estate technology investment vertical and made first investment into Foyr.com. This structured vertical makes proprietary investments into early-stage technology companies with the potential to disrupt the real estate business.
JLL India today announced its investment in Cloud1 Enterprises, which it said is "an end-to-end cloud based platform that enables corporates to deploy telematics technologies to bring efficiency to employee transportation."
"Estimated at USD 2 billion in India alone, the employee transportation sector is currently highly fragme...