Zoomcar shutting down Pedl; Moglix raises $23M; India 2nd most mobile spam affected country
Car rental platform, Zoomcar is shutting down the operation of Pedl, its dockless cycle sharing platform.?While Zoomcar has iterated on several cycle designs with a variety of different cycle manufact...
- Car rental platform, Zoomcar is shutting down the operation of Pedl, its dockless cycle sharing platform.
- This comes after the company raised an undisclosed Series A funding from Ola, Hero MotoCorp’s Chairman, Pawan Munjal, Matrix Partners and Stellaris Venture Partners earlier this year.
- Anand and BhavishB2B marketplace Moglix raises $23 M led by Accel PartnersMoglix, the B2B ecommerce startup, closed its Series C funding on Tuesday, raising $23 million from the round.
- The participating investors included Accel Partners, Jungle Ventures and International Finance Corporation (IFC) among others.