Chillr

Chillr (Acquired/Merged)

  • FOUNDING YEAR: 2013
    LOCATION:
    India
    REGION:
    Maharashtra
    Last Update:
    13 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
P2P mobile payments app. Allows the customer to transfer money without requiring the recipient's bank details and the need to remember complex passwords.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Individuals looking for money transfer, online purchases and payment of bills and retail merchants.
EXISTING PARTNERSHIPS:
Merchants and banks like HDFC Bank, Bank of Baroda in order to provide its customers with 2 way payment facility, since non-partner banks can only receive payments.
COMMENT
Provides Instant fund transfer facilities, without requirement for any virtual accounts or intermediaries. It also helps the customer to split bills and pay for utilities.

PEOPLE

MEDICI analysts will analyze Chillr soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$7.5 Millions
DATE OF LAST FUNDING:
Oct 2015
SEED & PRIOR FUNDING:
$500 K
SEED CLOSED ON:
Jan 2014
FUNDING SERIES:
SERIES A
$7 Millions Closed: Oct 2015
LISTED:
NO

MOST VIEWED RESEARCH


RECENT RESEARCH