IAN invests Rs. 3.5 crore in car pooling app Orahi

Indian Angel Network ( IAN) has invested Rs 3.5 crore in Gurgaon based carpooling app Orahi.

The company, which has over 45,000 registered users in Delhi-NCR, plans to use the funds to strengthen its technology platform and expand operations to other major cities such as Bangalore and Mumbai.

“IAN investors Vinish Kathuria and Amandeep Gupta led the round and will join our board of Orahi to mentor the team for fast growth,” said Orahi founder and CEO Sameer Khanna.

“While carpooling is common across various parts of the world, Delhi’s odd-even scheme brought this to the forefront of public conscious in India,” he said.

“We saw manifold increase in usage and we think there is a lot of potential in the ride sharing and car pooling space in India. Apart from cost savings, it helps reduce pollution.”

Khanna said most of Orahi’s users are corporate clients and users are registered on the platform using their corporate IDs. Passengers can also chat with prospective co-passengers.

“We will use IAN’s investment to enhance the product and its functionalities, grow the team, increase users and enhance its presence as the most trusted and efficient car pooling app,” Khanna added.

(adsbygoogle = window.adsbygoogle || []).push({});
Set your categories menu in Header builder -> Mobile -> Mobile menu element -> Show/Hide -> Choose menu
We use cookies to make Bizztor’s website a better place. Cookies help to provide a more personalized experience and relevant advertising for you, and web analytics for us. To learn more about the different cookies we're using, check out our Cookie Policy.
Home

Top Stories In Your Inbox

Get Our Latest updates and startup Guides in Inbox every Week. Subscribe to our weekly Newsletter Now,

Free SEO Audit for your website

Please share the information below to get a free SEO Audit for your website.