Jugnoo, an India-based automotive rickshaw hire service, has secured $10m in a series A extension provided by mobile payment company Paytm, according to the Times of India.
Paytm previously also took part in a first tranche of $5m for the series A round in June 2015, led by Snow Leopard and featuring a range of angel investors.
Launched in November 2014, Jugnoo operates an app that enables users to order an auto rickshaw to travel across a city. The company…
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