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Maple Capital backs Bike Taxi App NOW
| VC Circle
Bike taxi app N.O.W has raised seed funding from boutique investment banking firm Maple Capital Advisors’
The Noida-based company will use the money raised to expand operations across multiple cities and strengthen its technology backbone.
Jan 28, 2016
Founded
Launched Tap Tap Meals with a focus on food delivery with an aim to diversify
Jul
2015
Customer
Great Tractio :16,000 + downloads 30,000 + deliveries 4.3 / 5 rating (350 +)
Oct
New Product Release
Pivoted to NOW in Dec’ 2015 - Crowdsourced Transportation/Logistics business
Dec
Funding
From maple capital to build early traction current: 125 deliveries 70 rides/day
Jan
2016
Media Coverage
VC Circle Exclusive: Maple Capital backs bike taxi app N.O.W
Jan
Jobs
Team Summary
The founding team is from IIT Kanpur + MBA’s with years of work experience at senior positions in product, tech, data science & logistics at Flipkart and Times Internet.
Team
Product/Service Summary
The business is a crowd sourced Bike taxi and Delivery platform similar to GoJek and Grab Bike which operate in South East Asia. The aim is to maximize utilization of the bike riders by overlapping work between bike taxi rides and delivery.
Product/Service Descriptions
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