Tuesday, November 5

Tag: GPS tracking

LetsTrack Raises $ 1.7 Mn from Seed Investor
5Apr By Sheldan RungasamyNo Comments
FUNDING

LetsTrack Raises $ 1.7 Mn from Seed Investor

LetsTrack raised funds of $ 1.7 million from US investor James Arthur, who will join the firm as Chief Operating Officer in an attempt to expand its operations on the international market. LetsTrack is planning to offer their services in around 50 countries until 2020. The company’s valuation was estimated according to various contributing factors and the company received many offers at a valuation of $ 17 million. While investments are usually done in order to secure capital and raise money, LetsTrack looked for an investor who would bring a strategic plan in order to raise the overall quality of the company. "For me, it was a no-brainer because James was not only bringing money but also dedicating the next 10 years and for Letstrack that is invaluable. Now we have an investor and p...
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GPS based Tracking Platform Raises $250000 Seed Funding
28Mar By NitishNo Comments
FUNDING

GPS based Tracking Platform Raises $250000 Seed Funding

Roadcast, a GPS based social platform that lets you create and share journeys with your friends and family in real-time raises $250000 in an angel funding round. The funding will use to expand the operations across major cities in India, with a prime focus on states like Punjab, Rajasthan, MP, Maharashtra, Uttar Pradesh and Gujarat. Also, some part of the funding will help to boost the organization's R&D, product structuring, PR and advertising operations, while also helping it to grow in terms of members as well as infrastructure. (more…)
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