Bengaluru-based PiggyRide has secured Rs 14 crore in a pre-Series A funding round from Artha Venture Fund and existing backer, JAFCO Asia. The company would utilize the fresh proceeds to scale its product and engineering team.
The one-year-old PiggyRide provides services like offering the parents an option to track their children through the mobile app. Recently, it had launched PiggyFinance, a financing platform that assists parents to pay off their kid’s school fees in easy installments. (Source-PR)
