Jugnoo raises $3 mn in Series B led by Paytm

On demand auto-rickshaw app and hyperlocal delivery platform, Jugnoo on Tuesday raised $3 million in Series B funding led by online payments and m-commerce firm Paytm. Kunal Shah, Founder and CEO of online recharge service Freecharge also participated in the round. Chandigarh-based Jugnoo was founded in November 2014 by IIT Delhi alumni Samar Singla and Chinmay Agarwal.

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