Ride Sharing Service, LiftO Raises Rs 85 Lakh In Angel funding

Company Name : LiftO
Funding Amount : Rs 85 lakh
Investor(s) Rajesh Bhatia Dheeraj Mehta. Amith Aggarwal. Gupta family of OM Logistics
Funding Round : Angel round

LiftO has raised Rs 85 lakh in angel funding. The investors who participated in the round were Rajesh Bhatia, promoter of Tree House, Dheeraj Mehta, fund manager with Temasek, Amith Aggarwal, the promoter of Staragri Warehousing, and the Gupta family of OM Logistics.

The raised amount will be used to expand operations in Mumbai. [source]

Chennai based LiftO, provides on-demand, realtime sharing of own car, cabs and auto-rickshaws. It takes care of finding, matching and tracking and payments.

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