Company Name : SavvyMob
Funding Amount : $1 million
Investor(s) Mohandas Pai, Lets Venture
Funding Round : Seed round
SavvyMob has raised about $1 million from TV Mohandas Pai and online fundraising platform LetsVenture .
Founded in 2013 by AOL executives Bikram Sohal and Gappan, the startup is currently operational in 50 cities. The startup is an online marketplace that helps customers with last-minute hotel bookings.
With the new fund, the company plans to expand to another 50 cities over the next year, strengthen the technology team and invest in product development.