 "Times Group invests in hyperlocal startup FindYahan")
Hyperlocal online marketplace FindYahan has received fresh round of funding from Times Group's investment arm Brand Capital.
The funds raised from this round will be deployed in expanding operations, marketing activities and boosting its growth engine, the company said in a statement.
However, the quantum of investment was not disclosed.
FindYahan.Com connects consumers to curated service providers and businesses by leveraging location and mobile. It supports consumers in hiring service providers in their areas.
"The fresh round of investments from Brand Capital would ensure that we continue to deliver on our promises and reach new markets and provide innovative products and services," FindYahan Co-founder and CEO Rachit Mathur said.
FindYahan's angel investors include Microsoft India MD Karan Bajwa, Sona Koyo Steering MD Sanjay Kapur and The Phoenix Fund, among others.
The company has also roped in Air BnB's Country Manager India Amanpreet Bajaj and GoDaddy's SVP of Product Rajatish Mukherjee as advisors.
The company claims to have more than two lakh app downloads with four lakh users across platforms. It also said that in the last six months, service providers on its platform have more than trebled to over 10,000.
