Indore cab rental startup InstaCar raises funds from Uber investor

Indore-based cab aggregator InstaCar has raised an undisclosed amount of funding from Techstars MD David Cohen, who had previously invested in Uber. In 2016, InstaCar had raised $1 million in seed funding from Hong Kong-based investment firm Swastika Company. In February, InstaCar was selected for Techstars Bangalore Accelerator, the first Techstars mentorship-driven accelerator in India.