DriveU Raises Funding From Ex-Google Inc Executive Amit Singhal
DriveU, a startup that specializes in providing private drivers on-demand, recently secured Rs 1.6 Cr in a Pre-Series A round funding led by ex google executive Amitabh and Shilpa Singhal’s investment vehicle, Living Trust. The startup operated by Humble Mobile Solutions Private Limited first allotted 6449 shares at Rs 10 each and a premium of 2,490.
While it was rumoured that Amit Singhal and DriveU’s existing investor, Unitus Seed Fund had invested about Rs 20 crore in the startup, it actually seems that the total about of this funding round amounted to Rs 1.6 Cr only. Since inception, DriveU has raised a total of INR 22 Cr from its investors.
DriveU is a startup that focuses in providing professional drivers who know the city in and out to its clients who don't want to have the tr...