Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2013-10-07

POKKT announces seed round of funding from Jungle Ventures and Samir Bangara

POKKT (Pocket), an Alternate Mobile Payment Platform, part of GSF Accelerator’s first batch in Mumbai, announces it’s seed round of funding from Jungle Ventures, a leading Singapore based venture fund and Samir Bangara, Co-Founder and Managing Director of Qyuki Digital Media and the former Managing Director (Digital) of Disney UTV.

POKKT (Pocket), an Alternate Mobile Payment Platform, part of GSF Accelerator’s first batch in Mumbai, announces it’s seed round of funding from Jungle Ventures, a leading Singapore based venture fund and Samir Bangara, Co-Founder and Managing Director of Qyuki Digital Media and the former Managing Director (Digital) of Disney UTV.

 

POKKT has been founded by Rohit Sharma, Ex-CEO, Digital Business Reliance ADA along with ex-colleagues Vaibhav Odhekar and Sharad Ingule.

 

Sharma said "With this round of funding, we will build our team further.  We are getting great traction in the market and are confident of scaling POKKT multifold by the end of this year."

 

Sharma further added, that in partnering with Jungle Ventures for its funding round, POKKT would expand in South East Asian markets and would gain significantly from Jungle’s extensive network in these markets.  

 

Rajesh Sawhney, founding investor in POKKT and Founder of GSF Accelerator, added, “We have always believed that Indian startups have the desirable expertise, talent and ambition to build global products.  For such teams, GSF is a great global springboard. POKKT will benefit immensely with Jungle Venture expertise and presence in the South-East Asia markets.”

 

Jungle Ventures, Managing Partner, Amit Anand said, “With investment in POKKT, we are further committing to help Indian Startups build strategic relationships with the rest of Asia, a trend that is likely to accelerate over the coming years”.

 

Related opportunities
  • Electric Vehicles (E-Vehicles)
    About Us: Chairman of our Group, Mr. JR Gupta founded ACT..
    Locations looking for expansion Punjab
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ludhiana Punjab
  • Furniture/Home Decor & Furnishing
    About Us: Commune, Founded in 1972 Furniture brand with cutting-edge design and craftsman..
    Locations looking for expansion New Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad New Delhi
  • Imagine yourself having a tried and tested winning formula in..
    Locations looking for expansion Maharashtra
    Establishment year 2002
    Franchising Launch Date 2008
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • School Tutoring
    About Us: Nava Vision is a company based at Bengaluru, India. Nava Vision..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 10000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater BENGALURU Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts