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Zify Raises $190K in Angel Round : Ride Sharing!!

cashless taxi


cashless taxi

Founded by Anurag Singh Rathor and Pramod Kumar in 2014, Hyderabad based ZIFY which allows users to search and book a shared ride to their office with a verified member of the community, has raised $190,000 in angel round. Sean O’Sullivan of SOS Ventures and two other Hyderabad-based angel investors have invested in the round. The raised funding will be used for technology improvement and marketing.

The firm is also planning to raise $3 million in its Series A round. It had previously secured $15,000 from ex-CMD of Microsoft India, Srini Koppolu, 50K ventures, Parampara Funds and CIE – IIIT Hyderabad.

Zify is currently operational in Hyderabad, Bengaluru and Gurgaon, and has more than 11,000 registered users on its platform.

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