Corporate Valuations - News Subscription-based drinks app Foom raises seed funding



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Subscription-based drinks app Foom raises seed funding


Date: 13-July-2017

Bangalore-based startup for drinks Foom has raised Rs 30 lakh (around $46,000) in seed funding from a Delhi-based investor. Operated by Mangsa Technologies Pvt Ltd, Foom follows a subscription-based model, wherein one can enjoy one free drink every day for 30 days in different participating resto-bars/pubs. The service is currently available in more than 40 resto-bars and pubs in Bengaluru.

 
 
 
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