Bangalore: A free and secure messaging app that connects shoppers with local businesses, Lookup raises series A funding from Biz Stone, Co-Founder, Twitter. The fund will be utilized towards expanding App Lookup’s merchant base in order to enhance convenience for its users and expand its reach in newer geographies. The company had already raised its seed funding round from multiple investors, including Kris Gopalakrishnan, Teru Sato, DeNA and MKS Group (Switzerland).
Started operations in 2014 by Innoz’s Deepak Ravindran with the launch of the Android app, the firm aims to help chat to disrupt local commerce in India. Assimilates all the requirements from buying groceries, home delivery, making reservations to product to price enquiry into one app, Lookup has already registered over 2, 00,000 downloads and has answered over 3 million queries.
Speaking on the investment, Biz Stone, Co-Founder, Twitter says, “I’m honored to be a part of Deepak’s next big project and I am truly impressed by what he has already accomplished in his life. I’m very excited about working with such an inspiring entrepreneur, whom I share common ideologies with.”
Deepak Ravindran, Founder & CEO, Lookup says, “I am extremely thrilled that Biz Stone is personally investing in our series A round. It is almost surreal. His beliefs and ideals are very fascinating and I am glad that someone so altruistic and with such a genuine moral compass is a mentor and advisor to me and my company.”
On his future plans, he also added, “Receiving this funding is like getting another opportunity to blazon the world with innovation in order to fill more e-Pages in the world of businesses and startups. We plan to integrate all the offline businesses into the online world and connect them to their customers. The final goal is to make Lookup a global phenomenon and hope to ease the busy lives of the people.”