23 August 2016, India :
Mumbai-based startup NearU announced Dr. Goutam Challagalla as one of its investors.
He is a Professor of Marketing at the world’s leading business school IMD, Switzerland.
Dr. Goutam Challagalla said, “NearU app is an innovative marketing platform for the retailers and i see a lot of potential in its vision. It’s just not a financial investment but it’s an investment of interest and passion”.
NearU team is excited to have Dr. Goutam Challagalla as one of their investors as his expertise and knowledge in marketing and his international reputation as a marketing Guru will help NearU pave the way for its future marketing plans and expansion in international regions.
“We are keen on having an International Marketing Guru as investor will help NearU to be better Offers Marketing platform for Retailers, and how we can enhance our User experience taking insights on User behavior from Dr. Goutam” said Hemanth Meka Rao, Founder and CEO, NearU Mobile Pvt. Ltd.
NearU, present in eight Indian cities, offers a marketing platform for retailers, and operates as a location based mobile application for discovery and deals, based on an online to offline model.