 "Zopper raises $20 mn from Tiger Global, Nirvana Ventures Advisors")
Hyper local mobile marketplace Zopper today said it has raised $20 million from Tiger Global and Nirvana Ventures Advisors in a second round of funding.
The funding, which was raised in early May, will be utilised for bolstering its brand presence across 30 cities, key appointments and technology to accelerate the growth of the company, Zopper said in a statement.
"The concept of hyper local is gaining wide popularity pan-India. Hence, we are leaving no stone unturned in meeting the requirements of this rapidly emerging market," Zopper co-founder and CEO Neeraj Jain said.
The funding, which was raised in early May, will be utilised for bolstering its brand presence across 30 cities, key appointments and technology to accelerate the growth of the company, Zopper said in a statement.
"The concept of hyper local is gaining wide popularity pan-India. Hence, we are leaving no stone unturned in meeting the requirements of this rapidly emerging market," Zopper co-founder and CEO Neeraj Jain said.