India
Tiny Owl, Big money: Mumbai start-up raises 3 million
TinyOwl Technology in Mumbai raises $3m from Sequoia capital and Nexus
IIT alumni from Mumbai started a food delivery service in March 2014. They are over 3,500 restaurants strong. They have an app on Android and IOS. Boom! Sequoia Capital and Nexus find them, fund them.
“In less than six months since launched, TinyOwl has emerged as the market leader in Mumbai. We have grown to more than 3,500 delivery restaurants in Mumbai and are servicing thousands of happy customers every day. We aim to offer the best personalised experience to our users and are setting up a data science team and research lab for this,” said Harshvardhan Mandad, co-founder and CEO of TinyOwl.
Other players in this market include, Foodpanda.in, Justeat.in and Dinein.in. Hoot, hoot, anyone there?
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