• Chethan Machaknur

PiggyRide has raised Rs 14 crore from JAFCO Asia and Artha Venture Fund

PiggyRide has raised Rs 14 crore in pre-Series A investment from JAFCO Asia, along with a new investor Artha Venture Fund.

The startup runs three products-PiggyRide, which offers cab services for kids,PiggyDiscovery, which offers parents and kids a platform to browse and book extracurricular interest-based activities and PiggyFinance that assists parents with lesser disposable income to pay off school fees in instalments.

“Our two latest products PiggyDiscovery and Piggy Finance have seen a strong resonance with our existing parent audience. Covid-19 has further accelerated the need for parents to think more deeply about their child’s academic, extracurricular, and mental wellness needs, while at the same time, seek support in payment of school fees to ease out the financial burden,” Manish Tewari, CEO and founder of PiggyRide, said.

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