Jugnoo Autos

Jugnoo
Private
Industry Hyperlocal Services
Founded November 2014 (2014-11)
Founders Samar Singla, Chinmay Agarwal
Headquarters Chandigarh, India
Number of locations
38
Area served
38 cities, India
Key people
Samar Singla (CEO)
Services Auto Rickshaw, Fresh fruits and vegetables, Meals
Parent SoCoMo Technologies Pvt. Ltd.
Website www.jugnoo.in

Jugnoo is a hyperlocal on-demand multi-service provider based out of Chandigarh, which employs auto rickshaws as its logistic partners. It provides on-demand transportation and logistics services across 38 cities in India via their mobile application which can be downloaded on Android, iOS and Windows based phones. The service was started in Chandigarh in October, 2014 by Samar Singla along with Chinmay Agarwal, both alumni of IIT-Delhi.

Services

Jugnoo extends three kinds of services to its users on the app:

Autos

Fresh - Fruits and Vegetables

Meals

Dodo Deliveries

In June, 2016, Jugnoo launched a separate delivery platform Dodo Deliveries, extending it's foray into B2B logistics segment to provide an omni channel, on-demand, hyper-local logistics. This service enables vendors to deliver products to their customers in 15 cities using Jugnoo's auto rickshaws.

How the app works

Once the app is installed in a user's phone, users can hail an auto rickshaw, order fruits & vegetables and meals through the app. The user can choose to either pay in cash or go cashless via wallets (Paytm, Mobikwik or Freecharge). The auto arrives at the required pick-up point and drops the user wherever required. On ride completion, a feedback is expected on the feedback form displayed on the app.

Acquisitions

Funding

Jugnoo raised $1 million seed funding from a series of angel investors in May, 2015. A month later, it raised $5 million Series A round from Alibaba-backed Paytm and SnowLeopard. Series B round of funding commenced in November, with $3 million. In January, 2016, Jugnoo raised another $5.5 million and three months later, the company managed to raise another fresh round of $4.5 million funding, bringing the total to $10 million in Series-B tranches.

Management and Team

Chandigarh is the headquarters where the decision makers operate from.

Jugnoo Team
Name Designation
Samar Singla CEO, Founder
Chinmay Agarwal CTO, co-founder
Isha Singla CPO
Nitish Singh CFO

References

    External links

    This article is issued from Wikipedia - version of the 10/13/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.