Loofre in advance talks with VCs to raise series A funds

Loofre, a start up Online Table Reservation Services by K5 brand solutions, is in advance level talks with a couple of Venture Capitalists for its 10 digit Series A investments.

Recently, Loofre had announced its intention of investing $1 million in expansions and increasing its footprint across India.

“We are in major expansion mode and would invest heavily to be able to provide the experience one would expect from Loofre. We are also exploring all organic and inorganic roots to bolster our operations in the country,” shared Rohit Mahajan, Managing Director of Loofre.

Loofre.com has already expanded to 9 major cities across India with tie-ups with more than 1000 restaurants in short span of the three months.

Loofre also plans to go international by expanding its services to cities like Dubai, Hong Kong and Singapore. 

Loofre.com will also update the customers about all the latest events in the city, be it the best offers available in the city or parties happening around.

Loofre will soon come up with an app based next generation booking engine. The website would also be complemented by Social Media Applications, Merchant Applications and Consumer Applications. Eventually consumers can Book, Place Order and Pay through Mobile.