UnoLigo Raises $1 million from EquNev Capital
Angel investor and venture capitalist Kapil Khandelwal-run early-stage investment fund EquNev Capital said it has pumped in USD 1 million into customer transmigration platform UnoLigo.
UnoLigo Solutions is founded by Jehangir Abdulla, a Carnegie Mellon computational finance specialist and a Wall Street algo expert.
"I have invested USD 1 million in series-A funding in UnoLigo," Khandelwal, who has been an early investor in Ola, told Pixr8 News. He also said the investment will get him a board position at UnoLigo.
Khandelwal said the fund he invested will go towards augmenting UnoLigo's product offering, expand its data science and sales and marketing teams.
UnoLigo lists IndianOil, Bharat Petroleum, Hindustan Petroleum, Gail, ONGC, IGL and MGL, LIC Mutual Fund, Shopper's Stop,...