Company Name : Qlivery
Funding Amount : Undisclosed
Investor(s) Chandigarh Angels Network
Funding Round : Seed round
Qlivery has raised an undisclosed amount from Chandigarh Angels Network (CAN).
The funds raised will be utilized to scale operations and add customers. Substantial amount of current fundraise will be used to improve current technology stack (mobile app and web application) including implementation of Artificial Intelligence.
An on-demand concierge service provider, Qlivery is currently operational in Gurgaon and around 12,000 customers have already used the platform, claims the company.
Six months since inception, Qlivery has done Rs 50 Mn business in GMV terms. The co-founding team projects Qlivery will do Rs 3000 Mn business in GMV in financial year ending March 2017.
The company plans to expand our services across Delhi NCR by April 2016, to Bangalore, Pune, Hyderabad and Mumbai by end of 2016.
The total team size including co-founders currently stands at 55. The team plans to hire 150 people across different verticals by April 2016.