Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 23 2019

GoldSeat eyes to raise $3 million for further expansion in India

Since its inception in 2016, GoldSeat has raised $160K funding from by an angel investor.

GoldSeat eyes to raise $3 million for further expansion in India

GoldSeat, the first of its kind licensed On-The-Go Offline Entertainment App for travel services, is looking to raise $3 million in the next round of funding to further expand its operations in India.

Since its inception in 2016, GoldSeat has raised $160K funding from by an angel investor. This was utilized to develop the technology and set up operations in India.

At present, GoldSeat has its application running across 250 buses, including Uttar Pradesh State Road Transport Corporation and also other private players across Northern and Western regions of India like Lucknow, Ahmedabad, Delhi, Haryana, Himachal Pradesh, Punjab, and Rajasthan. It will soon be made available in the south, expanding its services pan India in the near future.

Gaurav Kapahi, Founder and CEO, GoldSeat, said, “We are on the threshold of redefining the travel entertainment space in India and establishing ourselves as the go-to platform by further expanding our pan India presence. We are extremely excited as we believe the new round of funding will provide further stimulus to our growth which we plan to utilize to enhance the technology, workforce and marketing”.

Nishchal Khetarpal, Co-Founder of GoldSeat, stated, “While travelling by road, it’s only 40% of the route that has internet connectivity and only 10% or less has a 3G or 4G connection. We aim to enhance the experience of on-the-go offline entertainment to another level through technological advancement, bringing an overall dynamical change in the entertainment and travel industry. The next round of funding will enable us to further enhance the customer experience.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Quick Service Restaurants
    About Us: Started in the year 1989 by Gundumuneshwara & his..
    Locations looking for expansion Karnataka
    Establishment year 1989
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bengaluru Karnataka
  • SuperKart365 SuperKart365 is an revolutionary Business Promotion Digital System integrated with..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Ambala Haryana
  • Fine Dine Restaurants
    About Us: Suez is a canal that began as a means..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5 Cr. above
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ambala Haryana
  • Packaged Food Products & Supply
    Join our hands and Grow! We are cordially inviting distributors..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size
    Space required 200
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities