Delhi-based company, Kabadiexpress which collects waste from door to door, has raised Rs 1 crore ($148k) in seed funding while On-demand driver app Drivify, backed by Mumbai-based startup DR Mobility Solutions Pvt. Ltd, has raised $50,000 (Rs 33.75 lakh) in seed round.

Kabadiexpress Raises $148k in Seed Round of Funding

Delhi-based company, Kabadiexpress which collects waste from door to door, has raised Rs 1 crore ($148k) in seed funding from an affluent individual in the real estate segment. The company which is owned and operated by Green Warriors Pvt. Ltd, will use the money for expanding its presence to Noida, Ghaziabad and other NCR areas (national capital region). Founded in May last year by Kapil Bajaj and Sandeep Sethi, Kabadiexpress collects waste items like old newspapers, magazines, furniture, electronic products and metal objects and sells these to recycling plants and mills. It competes with players like EnCashea, Karma Recycling, Pom Pom and Attero Recycling.

“Passing through a revolutionary phase of new era, we are stepping ahead to save our environment and lead to a healthy and happy living. we help you to manage your waste paper and other scrap effectively and at same time use it for serving a better purpose rather then throwing it away to cause pollution,” the startup mentioned on its website.

On Demand Driver App Drivify Bags $50k in Seed Funding from Citrus Pay Founder

On-demand driver app Drivify, backed by Mumbai-based startup DR Mobility Solutions Pvt. Ltd, has raised $50,000 (Rs 33.75 lakh) in seed funding from Citrus Pay founder Jitendra Gupta and a HNI Pankaj Tripathi. The startup will use the funds to improve and expand the platform, acquire customers and give incentives to drivers, as per VCCircle report.

Drivify was founded in May 2015 by Prasad Shriyan and Jatin Kamdar, lets car owners search and book drivers instantly. The app scans for a driver within a 10 km radius of the user. Users get drivers’ details on the app and can also track the selected driver on a map within the app. They can also pay through the app.

The startup claims to have about 700 registered drivers, out of which 70 drivers are actively involved. The company is currently operational in Mumbai and plans to expand to Delhi, Pune, Bangalore and Hyderabad by the end of this year. It competes with DriveU, DriversKart, Zimmber, Zuver and Driver Bulao, among others.

Image Source: ShutterStock

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