Jugnoo Becomes Finalist in K-Startup Grand Challenge in Korea

NewsVoir | 25 Jul, 2017

Jugnoo, Indiaâs leading hyperlocal startup, is all set to create its footprints in the South Korean market. The B2B offering of the company, Tookan has been selected as one of the top three finalists to participate in K-Startup Grand Challenge - a 4 month accelerator programme, organised by the Korean government. Jugnoo is selected from the 70 Indian Startups that auditioned for the challenge becoming 1 of the top 3 finalists making it a big achievement for the team.

Tookan is a SaaS based platform that pioneers in end-to-end field force management solutions. It is a unique off-the-shelf product and offers a marketplace of customisable apps, that gives its clients the luxury of managing the fleet workforce efficiently.

Samar Singla, CEO and Founder of Jugnoo commented, âGiven the explosive growth and vast prospects in the SaaS industry, the judges seemed fairly impressed by Tookanâs current global presence and our plans for further expansion. We are looking forward to make the most out of the opportunity weâve been offered.â

Tookan can be used by any company providing services to the customers and requires proper IT infrastructure. As majority of the Korean population are smartphone users and the government has set up internet facilities across the country, Korea exhibits huge potential.

Being the global leaders in the on-demand technology and having powered more than 800 companies in around 100 countries already, Tookan, will benefit from the K-Startup Grand Challenge through a smooth entry into the Korean market.

About Jugnoo

Jugnoo, launched in 2014, is the largest auto rickshaw (tuk-tuk) aggregator coupled with on-demand hyperlocal deliveries and third largest transport aggregator in India. The company has diversified in a wide range of services like Rides, Ready-to-eat meals, Restaurant food delivery, Grocery & B2B Delivery and B2C domains.

Jugnoo has ventured into the industry as one of the leading hyper-local startups. The company is currently rendering its services in 35+ cities of India and trending at 50,000 daily transactions. It has over 15,000 autos empanelled under the brand at present.Jugnoo is the 3rd largest profitable on-demand company in India. The on-demand technology offering of Jugnoo provides the technology to entrepreneurs to run their own Jugnoo-like businesses through Tookan.