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Loca, shared mobility startup receives its first round of funding

R Sinduja

News Editor
Image Credit: Shortpedia

Bengaluru-based startup Loca raises an undisclosed million funding in its first round of investment. The investment was led by Stellaris Venture Partners & a group of individuals including Aprameya Radhakrishna, Taxiforsure cofounder, Mayank Bidawatka, co-founder of Vokal & Rohit MA cofounder of Cloud Nine. Sources say Loca raised $5 mn in this round & plans to invest funds to expand its presence to all major metro stations.