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Chandigarh-based start-up “Jugnoo” has just received five million dollars to bring India’s much in demand auto rickshaws online. Jugnoo wants to make it easy for people to hail these auto rickshaws through their smart phones. ADVERTISING Jugnoo’s business model is unique because it is tackling transportation and on-demand delivery at the same time.Techcruch.com quoted founder Samar Singla, as saying that he hoped his company’s double-pronged approach would set it apart from other auto rickshaw apps like mGaadi and PoochO, as well as taxi facilities like Uber and Ola, both of which recently added the three-wheeled vehicles to their services.The app currently operates in Chandigarh, Ludhiana, Amritsar and Jaipur. Plans are afoot to expand to Gurgaon. Jugnoo claims to have 1,50,000 users and handles about 3,000 transactions each day, making about 4,000 dollars in daily revenue.
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