intra-city | Pixr8 News

Intra-city logistics start-up, Blowhorn, has raised USD 3.65 million (about Rs 25 crore) from IDG Ventures India, Michael & Susan Dell Foundation and existing investors Draper Associates and Unitus Seed Fund. The company plans to utilise the proceeds from the Series A funding to expand operations to eight cities in the next 24 months, with over 25,000 daily active drivers, Blowhorn said in a statement. Founded in 2014 by Mithun Srivatsa and Nikhil Shivaprasad, Blowhorn offers a tech-enabled platform to connect customers to mini-truck owners, enabling intra-city, sub 2-tonne deliveries. The company has 50 full-time employees and is present in Mumbai, Bengaluru, Chennai and Hyderabad. "We have been able to leverage technology and operational innovation to emerge as a market leade...

Taxi aggregator Ola has launched a new category to rent taxis called Ola Rentals to simplify intra-city travel with hourly packages across Ola Lux, Ola Prime (Sedan and SUV) and Ola Mini. Ola Rentals is available in 35 cities and will soon be rolled out in 100 cities across India, the company said in a statement here. It is aimed at servicing Ola Corporate customers and working executives who move from one meeting to the other during the day as well as individuals require the convenience of having a cab on disposal for diverse needs like local sightseeing, or shopping trips, it added. "Launched recently, the (Ola Rentals) category is already growing at a rapid pace and we are now taking it to the next level by introducing it for our customers on the Ola Corporate platform," Ra...

Tag: intra-city

Blowhorn Raises Rs 25 Crore From IDG Ventures & Others

Ola Launches Intra-city Rental Service With Hourly Packages