24 August 2016, India :
UberDreams, an online platform for fulfilling users’ dreams through online auctions, has raised $500,000 funding from the Mascot Group.
The Mumbai-based startup plans to utilize the investments the investments to expand its list of offerings and ensuring awareness and conversions through Digital Marketing Platforms, the company said in a statement.
Uber Dreams, owned by Dreamatic Innovations Pvt. Ltd is an experiences curator and auctions technology platform that has various dreams listed on the website, which can be redeemed by a registered user at a nominal fixed cost.
Savan Daru, co-founder & CEO said, “We are excited to bring to life a range of personalized experiences through our disruptive business model which allows everyone to turn their dreams into reality”.
The company is funded by serial entrepreneur and Co-Founder, Mohit Lalvani of the Mascot Group along with Savan Daru who is also the Co-Founder and the CEO. AntFarm and Scootsy founder, Rishi Khiani joins the team as an adviser, said the statement.
UberDreams, owned by Mumbai-based Dreamatic Innovations Pvt. Ltd., was founded in May 2016 by Savan Daru. AntFarm and Scootsy founder, Rishi Khiani will also join the team as an adviser.