Puneet Dalmia | Pixr8 News

After getting funded by leading industrialists, Anand Mahindra and Nadir Godrej, online citizen engagement platform LocalCircles said Dalmia Group Managing Director Puneet Dalmia has become an investor in the company. LocalCircles, which enables citizens to connect with national and local governance, will use the funds to expand its presence, strengthen technology and recruit more talent, LocalCircles Chief Strategy Officer K Yatish Rajawat said. He, however, declined to comment on details of the investment. "We have a user base of about one million users. We see this growing to about 30 million in the next 3-5 years. We will use the funds to double our presence to 200 cities," he added. Sachin Taparia, Chairman and CEO, LocalCircles said the company represents Social M...

Private jet and helicopter operator Jetsetgo Aviation Services Pvt. Ltd on Monday said it has raised an undisclosed amount from Puneet Dalmia, managing director of Dalmia Bharat Ltd, who invested in his personal capacity. A company executive, who did not want to be identified, said the amount is close to $2 million. The funding will be used to expand the company’s ground presence in key airports, launch inter-city private jet shuttles, air ambulance services and an online platform for helicopter bookings. In July, Indian cricketer Yuvraj Singh-promoted YouWeCan Ventures acquired an undisclosed stake in JetSetGo. The executive mentioned earlier said the company is looking to raise an additional $4 million in the next couple of months. “We are trying to simply bring aviation back to...

Tag: Puneet Dalmia

Puneet Dalmia Invests in “Online Citizen Engagement Platform LocalCircles”

JetSetGo raises funds from Puneet Dalmia