Company Name : Zuver
Funding Amount : Rs 1.2 Crore
Investor(s) Shruth & Smith Group, Bangalore and Hermes Group
Funding Round : Seed round
Mumbai-based Zuver co-founded by Sidhanth Mally and Sovin Hegde has raised Rs. 1.2 crore in early stage funding from Shruth & Smith Group, Bangalore and Hermes Group, Mumbai.
The Zuver app offers customers great flexibility as they can book a driver in advance or real time for an hour, or for a whole day through an app. Zuver is available on Android as well as on iOS.
If you are a regular traveler, you can upgrade your Zuver App with a monthly subscription where you can avail the driver for an entire month at a discounted rate and unlike other driver services, you can even book a driver for an outstation trip.
With almost 60 drivers on board, Zuver is currently seeking Pre-Series A funding to expand to Pune and Bangalore. They are also planning to increase the number of drivers to 150 in Mumbai by May.
Sidhanth Mally – Co-Founder of Zuver, said, “The term Zuver means reliable. Our idea was to launch an app that offers a reliable, cost-effective and flexible driver on demand service. What would make us one of a kind is the credibility. We ensure that our drivers have gone through multiple screening processes and tests before they are Zuver Drivers. The first round funding was used to kickstart our operations in Mumbai. We will soon be seeking Pre-Series A funding to expand to other metros. Currently, our focus is to ensure that Zuver is launched and functioning immaculately.”