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2013-08-06

Mobile payment start-up raises funding from Snow Leopard Technology Ventures

LivQuik, a Mumbai-based mobile payment start-up has raised an undisclosed amount of funding from Pune-based Snow Leopard Technology Ventures. The funds will be used to ramp up the team in engineering, operations and marketing, said a release.

LivQuik, a Mumbai-based mobile payment start-up has raised an undisclosed amount of funding from Pune-based Snow Leopard Technology Ventures. The funds will be used to ramp up the team in engineering, operations and marketing, said a release.

 

With this funding, Christopher Leigh kolenaty, partner at Snow Leopard Technology Ventures has joined the board of LivQuik as its additional director.

 

LivQuik also claims to soon launch Quikwallet, “India’s first Real mobile wallet” – on which the company is working from past few months. Quikwallet is designed to make payments at coffee shops, hotels, restaurants, retail outlets and several other shopping platforms – will be launched with Gloria Jeans Coffee and Mocha as its ‘confirmed’ partners, with more to be soon added in future.

 

“We are delighted to partner with Snow Leopard Technology Ventures. We built the product because there was a clear gap in the Indian market. While there are many mobile wallets per se, there is no mobile app or service similar to QuikWallet today,” said Mohit Lalvani, Co-Founder and Managing Director, Livquik.

 

Snow Leopard Technology Ventures provides early stage capital to promising Internet and technology companies in India. The firm earlier invested in Voylla, a designer jewellery and accessories portal.

 

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