Jugnoo, a hyper local marketplace, announces the acquisition of 2 companies, Bistro Offers, a restaurant discovery app and yelo, a Bangalore based mobile-­only services marketplace.

With a wide presence in over 10 cities in India, Jugnoo claims significant growth with over 10,000 transactions in less than a year under the suite of its 3 applications— Jugnoo Autos, Jugnoo Meals and Jugnoo Fatafat.

Speaking about the acquisition of Bistro and yelo, Samar Singla, CEO & Founder of Jugnoo said that both companies will continue to run as independent offerings and the respective teams will continue to build their products.

“Our plan is to launch them in all our markets very quickly and then work on monetizing the traffic via Jugnoo offerings”, adds Samar.

Jugnoo earlier raised $5mn and recenly acquired BookMyCab.

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