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SmartQ raises USD 1 mn from consortium of investors

Press Trust of India  |  New Delhi 

today said it has raised about USD 1 million from an group led by a consortium of Dubai-based investors.

The company will use the funds for expanding within and across international geographies along with further strengthening the team by getting top talent, it said in a statement.

The existing YourNest has also participated in this round.

"The funding has enabled all of us at to take the organisation to the next level of strategic growth and further scaling up on technology, talent and brand building in full swing," said.

Founded in 2014, the company claims of growing 50 per cent month-on-month and clocking over 1 lakh transactions per day.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 19:45 IST