Jugnoo

Chandigarh, India Founded: 2014 • Age: 12 yrs
Auto-rickshaw transportation services are booked through a mobile app.
Annual revenue $2.0M Latest available
Total funding $16.9M 6 rounds
Employees 58 Tracked headcount
Investors 40 Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

About Jugnoo

Jugnoo is a company based in Chandigarh (India) founded in 2014. Jugnoo has raised $16.93 million across 6 funding rounds from investors including Paytm, Ashika Group and MGH Group. The company has 58 employees as of April 08, 2024. Jugnoo has completed 3 acquisitions, including AutoWale, Sabkuchfresh and Yelo. Jugnoo offers products and services including Taxi Service, Bike Rides, Auto Service, Rental Service, and Outstation Service. Jugnoo operates in a competitive market with competitors including HolaChef, Masala Box, TinMen, cloudChef and Eatfresh, among others.

  • Headquarter Chandigarh, India
  • Employees 58 as on 08 Apr, 2024
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Socomo Technologies Private Limited
  • Date of Incorporation 18 Dec, 2012
  • Jurisdiction Chandigarh, Chandigarh, India
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.03 M (USD)
    34.96
    as on Mar 31, 2023
  • Net Profit
    $145.92 K (USD)
    1795.39
    as on Mar 31, 2023
  • EBITDA
    $105.22 K (USD)
    206.29
    as on Mar 31, 2023
  • Total Equity Funding
    $16.93 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
    Paytm

    & 39 more

  • Employee Count
    58

    as on Apr 08, 2024

  • Investments & Acquisitions
    AutoWale

    & 2 more

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Products & Services of Jugnoo

Jugnoo offers a comprehensive portfolio of products and services, including Taxi Service, Bike Rides, Auto Service, Rental Service, and Outstation Service.

Product name locked
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Primary

App-based booking for affordable taxi rides in cities.

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On-demand bike services for quick urban travel options.

Product name locked
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Budget-friendly auto-rickshaw bookings for local trips.

Product name locked
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Booking for multi-stop car rentals with dedicated drivers.

Product name locked
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Intercity travel options using convenient and affordable cars.

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Eco-friendly, budget rides for short distances in towns.

People of Jugnoo

Headcount 50-200
Employee Profiles 17
Employee Profiles
People
Yugam Nagpal
Business Unit Head
People
Anvesh .
Global Business Head
People
Samar Singla
Founder/ CEO
People
Raja .
Business Specialist

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Funding Insights of Jugnoo

Jugnoo has successfully raised a total of $16.93M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Jugnoo

Jugnoo has secured backing from 40 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Paytm, Ashika Group and MGH Group.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Sector-agnostic acceleration is provided to startups through global programs.
Locked Locked Locked
Rocketship.vc is engaged in data mining and startup investment.
Locked Locked Locked
Investment management for public and private equity between India and the USA.
Locked Locked Locked
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Investor details for Jugnoo

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Investments & Acquisitions by Jugnoo

Jugnoo has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AutoWale, Sabkuchfresh and Yelo.

Investments
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Investment portfolio details for Jugnoo

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Yelo is recognized as a hyperlocal ordering and delivery platform.
Locked Locked 2014 Locked
Fresh fruits and vegetables are ordered online via the platform.
Locked Locked 2012 Locked
Online auto-rickshaw aggregator
Locked Locked 2010 Locked
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Complete acquisition details for Jugnoo

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Financial Statements - Jugnoo

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Detailed financials for Jugnoo

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Jugnoo Comparisons

Jugnoo Primary company
Description
Auto-rickshaw transportation services are booked through a m...
Location
Chandigarh, India
Founded Year
2014
Annual Revenue
$2.03 M (USD)
Net Profit
$145.92 K (USD)
EBITDA
$105.22 K (USD)
Employees
58
As of 2024
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Peer comparison for Jugnoo

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Competitors of Jugnoo

Jugnoo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HolaChef, Masala Box, TinMen, cloudChef and Eatfresh, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online marketplace offers chef prepared meals
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Homemade tiffin delivery services are provided via an online marketplace.
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Offers a mobile app for convenient lunch subscription services.
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Chef-prepared meals are discovered and ordered via an online platform.
Locked Locked Locked
Online marketplace for chef prepared food
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Mobile app for discovering and ordering home-cooked meals.
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Detailed competitors of Jugnoo

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Latest news on Jugnoo

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Complete news archive for Jugnoo

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Frequently Asked Questions about Jugnoo

Jugnoo was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Jugnoo is headquartered in Chandigarh, India.

Jugnoo is a funded company, having raised a total of $16.93M across 6 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Jugnoo is 58.

Annual revenue of Jugnoo is $2.03M as on Mar 31, 2023.

Jugnoo was founded in 2014 in Chandigarh, India, as an app-based platform in the transportation sector. Auto-rickshaw rides are facilitated for users who input their location, destination, personal details, and payment information. The service operates on iOS and Android devices, enabling on-demand bookings within urban areas of India. Operations focus on connecting passengers with local auto-rickshaw drivers efficiently.

Jugnoo's top competitors include Masala Box, HolaChef and TinMen.

Jugnoo offers Taxi Service, Bike Rides, Auto Service, Rental Service, and 2 more products and services.

Jugnoo has made 3 acquisitions, including AutoWale, Sabkuchfresh, and Yelo.

Jugnoo has 40 investors. Key investors include Paytm, Ashika Group, MGH Group, Snow Leopard Global, and Snow Leopard Ventures.

The valuation of Jugnoo is $53.88M as of Mar 2016.

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