Tuesday, November 5

Tag: GoBumpr

Funding Of The Week (2nd July – 7th July)
FUNDING

Funding Of The Week (2nd July – 7th July)

This week witnessed a number of funding activities and a few startups secured a considerable amount from various investors. Among all the fundraisers this week, Automation Anywhere raised the highest amount of funds amounting to $250 million. Funding is a major part of growth and expansion for a company. It is the backbone of the business plans and strategies. Without funding, a company cannot even think of taking up any major business steps. Many other companies also were a part of funding this week and here we have a list of them:         1) Automation Anywhere: (Funding link: https://goo.gl/a7YkwQ) The cognitive robotic process automation platform called Automation Anywhere has secured an amount of $250 million in a funding round led by New En...
Automobile Aftermarket Platform Raises USD 600K Led by The Chennai Angels and Keiretsu Forum
FUNDING

Automobile Aftermarket Platform Raises USD 600K Led by The Chennai Angels and Keiretsu Forum

Chennai-based automobile aftermarket platform, GoBumpr, has raised around $600k in Pre-Series A funding led by the existing investors The Chennai Angels (TCA), Keiretsu Forum and individual investors. The investment round was led by Mr. Vinod Kumar Dasari (MD, Ashok Leyland) and saw participation from Shankar V (Director, Acsys Investments), Ramaraj R (Founding Member, Elevar Advisors), Priyamvada Balaji (Wholetime Director, Lucas Indian Service) from TCA to name a few. Ramesh Mangaleswaran (Senior Partner, McKinsey) and Gopal Mahadevan (CFO, Ashok Leyland) have also invested in the company as part of this round. Earlier, GoBumpr raised $420K in Jan 2017 in their first round of investment.  Started in Oct 2015 by IIM grads Karthik Venkateswaran, Nandha Kumar Ravi and Sundar Nate...