Sunday, 6 November 2016

Bucker mobile assistance app raises funds from Silicon Valley angels, 50K Ventures

Bucker mobile assistance app raises funds from Silicon Valley angels, 50K Ventures

Mobile assistance app, Bucker has raised an unrevealed amount in a seed round from angel investors from Silicon Valley and Hyderabad-based 50K Ventures. The other backers include Munish Jauhar of Indian Angel Network (IAN), Pulkit Jain of Vedantu, and Rohit Narang of Singapore-based 314 Capital.


Bucker serves as an assisting layer over the existing apps on a mobile device. It is founded by International Institute of Information Technology (IIIT) alumni Ravneet Singh, Vennela Miryala and Nikhar Agarwal. 


Bucker, in its updated version, now claiming 9,000 users in a span of two months, is providing pro-active assistance. It works in the background recognizing users' need and provides a simple pop-up on the screen as a way to access all assistance it can offer in that context. For example, if a user is having trouble finding a cab due to surge, it compares cabs across Ola, Uber and TaxiForSure, taking into account their offers and surges to give the user the best option.


The Bucker app currently integrates with over 15 apps, providing assistance across cab booking, mobile recharge and food ordering. With the latest raised funds, it plans to support the payroll of its growing team, with people quitting jobs from Flipkart and Microsoft to join them.


Bucker’s Co-founder Ravneet Singh said in a statement on Tuesday, "We plan to expand our user base swiftly and have some cool features in the pipeline".



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