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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Socomo Technologies Private Limited
- Date of Incorporation 18 Dec, 2012
- Jurisdiction Chandigarh, Chandigarh, India
-
Annual Revenue
$2.03 M (USD)34.96as on Mar 31, 2023
-
Net Profit
$145.92 K (USD)1795.39as on Mar 31, 2023
-
EBITDA
$105.22 K (USD)206.29as on Mar 31, 2023
-
Total Equity Funding
$16.93 M (USD)
in 6 rounds
-
Latest Funding Round
-
Investors
Paytm
& 39 more
-
Employee Count
58
as on Apr 08, 2024
-
Investments & Acquisitions
AutoWale
& 2 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
App-based booking for affordable taxi rides in cities.
On-demand bike services for quick urban travel options.
Budget-friendly auto-rickshaw bookings for local trips.
Booking for multi-stop car rentals with dedicated drivers.
Intercity travel options using convenient and affordable cars.
Eco-friendly, budget rides for short distances in towns.
People of Jugnoo
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
-
First Round
First Round
(25 Mar 2015)
- Investors Count 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Grant - Jugnoo | Valuation |
investors |
|
| Mar, 2016 | Amount | Series B - Jugnoo | Valuation | Paytm | |
| Feb, 2016 | Amount | Angel Round - Jugnoo | Valuation | Soumya Tandon |
|
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Sector-agnostic acceleration is provided to startups through global programs.
|
Founded Year | Domain | Location | |
|
Rocketship.vc is engaged in data mining and startup investment.
|
Founded Year | Domain | Location | |
|
Investment management for public and private equity between India and the USA.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Jugnoo
Jugnoo has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AutoWale, Sabkuchfresh and Yelo.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Yelo is recognized as a hyperlocal ordering and delivery platform.
|
2014 | ||||
|
Fresh fruits and vegetables are ordered online via the platform.
|
2012 | ||||
|
Online auto-rickshaw aggregator
|
2010 |
Financial Statements - Jugnoo
Jugnoo Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace offers chef prepared meals
|
|
| domain | founded_year | HQ Location |
Homemade tiffin delivery services are provided via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Offers a mobile app for convenient lunch subscription services.
|
|
| domain | founded_year | HQ Location |
Chef-prepared meals are discovered and ordered via an online platform.
|
|
| domain | founded_year | HQ Location |
Online marketplace for chef prepared food
|
|
| domain | founded_year | HQ Location |
Mobile app for discovering and ordering home-cooked meals.
|
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.