Taxi service ingogo puts $900,000 on the meter, looks to international expansion
Ingogo, a Sydney-based taxi-booking startup, is set to take advantage of recent growth in its market in Asia following funding of $913,000.
This latest figure brings total funding for the company, which facilitates taxi booking via mobile apps, to $3.3 million.
The investment comes from Pacific Venture Advisors’ managing director Vikram Mehta and principal partner Raj Dalal, Alceon co-founder and managing director Trevor Loewensohn and business leaders Victor Gomes and Zac Rosenberg.
The new fund will be used to launch ingogo into new markets across Australia and international markets, especially the US. Pacific Venture Advisors will be helping ingogo to achieve this and help provide access to further capital.