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Bengaluru mobility startup Loca gets funding from Fosun, others
short by Anushka Dixit / on Thursday, 24 October, 2019
Bengaluru-based shared mobility startup Loca has raised an undisclosed amount from Stellaris Venture Partners and China-based Fosun RZ Capital. The startup did not disclose the amount but it has reportedly raised about $5 million. Founded by Gautam Patil and Krishnakumar R, Loca is a last mile-focused cab sharing service and operates from four metro stations in the city.
read more at Inc42