• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, June 20, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Buddy Acquires Funding Of $500K From Blume Ventures and Others

by Nitin Konde
February 15, 2016
in Business, News
Reading Time: 1 min read
0
Buddy Acquires Funding Of $500K From Blume Ventures and Others
TwitterWhatsappLinkedin

12647169_1515220735447932_5786410481291124528_n

You might also like

Amazon Issues Urgent Security Warning as Prime Account Hacks Surge Ahead of Prime Day 2025

U.S. Student Visa Applicants Must Make Social Media Public, State Department Says

Honda, Japanese Carmaker Successfully Launches and Lands Reusable Rocket

15 February, 2016, Bangalore: Pre- series A round funding of Buddy has pumped up the organisation for further enhancement of the company. In its funding round, the company has manged to acquire US $500K funding from Blume Ventures with participation from Tracxn Labs.

As per the officials, company will be utilising the raised amount to expand its reach and to launch new product features. Founded in 2015 by Rajan Bajaj and Deepak Malhotra, the company supports students with loans for e-shopping and company claims that Students have used Buddy for purchasing products such as mobile phones, laptops, cosmetics and footwear in the price range of Rs 1,000- Rs 90,000.

Commenting on funding, Deepak Malhotra said, “We want to be the leader in providing student credit scores by leveraging the latest technology tools for e-verification, payments and fraud detection using data science and machine learning algorithmic models.”

The Buddy works on a simple platform. It provides a podium for students to search the product and also displays monthly payment options along with the payment details. Students can opt for their preferred payment option and can crack the deal by submitting their ‘student Id’.

Alsor Read-

Hansel.Io Raises An Undisclosed Amount Funding Through TracxnSyndicate

 

Tags: Blume VenturesBuddyDeepak MalhotraRajan BajajTracxn Labs
Tweet54SendShare15
Previous Post

New Flipkart CEO Binny Bansal Wants To Be The One True King Of Ecommerce; Will Focus On Commerce & Supply Chain To Take On Alibaba, Baidu !

Next Post

How Technological Advancements In Genomics Are Helping Prevention And Cure Of Diseases !

Nitin Konde

Recommended For You

Amazon Issues Urgent Security Warning as Prime Account Hacks Surge Ahead of Prime Day 2025

by Anochie Esther
June 20, 2025
0
Amazon

As Amazon prepares for its longest-ever Prime Day event from July 8 to 11, 2025, the company has issued a serious warning to all customers: online scams are...

Read more

U.S. Student Visa Applicants Must Make Social Media Public, State Department Says

by Anochie Esther
June 20, 2025
0
Honda, Japanese Carmaker Successfully Launches and Lands Reusable Rocket

In a move likely to raise eyebrows across academic and civil liberty communities, the U.S. State Department has resumed processing student visa applications but with a new and...

Read more

Honda, Japanese Carmaker Successfully Launches and Lands Reusable Rocket

by Anochie Esther
June 20, 2025
0
Honda

In a move no one saw coming, Honda, the automotive giant best known for its reliable sedans and motorcycles, has officially entered the space race. On June 17,...

Read more
Next Post
How Technological Advancements In Genomics Are Helping Prevention And Cure Of Diseases !

How Technological Advancements In Genomics Are Helping Prevention And Cure Of Diseases !

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?