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About Anjani Prasad

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Latest Anjani Prasad News

Ltd; Malini Patel, Country Manager, Bloomberg Data Services Pvt. Ltd; CP Sanadhya, Director at Housing Finance Company India Shelter Finance Pvt. Ltd; and Anjani Prasad, Managing Director at Colour and Specialty Chemicals company Archroma India. Funding: Mobile app Jhakaas that helps local biz get online raises Rs 1 crore, Technology News, ETtech

Mar 31, 2017

Jhakaas Technologies Mobile app Jhakaas that helps local biz get online raises Rs 1 crore The app expects to grow its network to more than 2 lakhs merchants in the next six monthsETtech  |  March 31, 2017, 12:08 IST     Jhakaas Technologies that enables local businesses to create a presence online, has raised a capital of 1 crore for its mobile Application called ‘Jhakaas’. The investors include biggies such as Mumbai-based management consultancy firm Stelcore Management Services Pvt. The app includes more than 35 categories currently with over 30,000 merchants in the three metros, and expects to grow its network to more than 2 lakhs merchants in the next six months. It’s currently available in Mumbai, New Delhi and Bangalore and soon will be launched in other cities by end of next quarter. The application is available on both Android and iOS versions. Presently, the app is operational in two languages i.e English, Hindi and will integrate few regional languages in the coming months too. Commenting on the occasion Bharat Mandot, Co-Founder, Jhakaas Technologie, said, “The company will use the funds primarily to develop integrated IT solutions and enhance merchant awareness. Our aim is to focus on every kilometre that shall provide 300 shops so that both the parties receive 100% satisfaction for their daily requirements.” RELATED

Anjani Prasad Investments

1 Investments

Anjani Prasad has made 1 investments. Their latest investment was in Jhakaas Technologies as part of their Seed on March 3, 2017.

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Anjani Prasad Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/31/2017

Seed

Jhakaas Technologies

$0.15M

Yes

5

Date

3/31/2017

Round

Seed

Company

Jhakaas Technologies

Amount

$0.15M

New?

Yes

Co-Investors

Sources

5

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