Flo Chat raises INR 1 cr in funding from undisclosed investors

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Flo Chat raises INR 1 cr in funding from undisclosed investors

OUWT(now re-branded Flo Chat), which currently operates in Mumbai, where it lists close to 300 venues on its platform, is a GPS-enabled service which helps users discover and locate venues such as lounges, bars, clubs etc on the go. OUWT has successfully raised $150000(around INR 1cr) through an undisclosed list of angel investors.

The app also lets users locate clubs on the basis of the kind of music they play and numerous other power parameters including alcohol index - a unique feature that categorises venues based on budgets. Further, it allow users to discover locations that sell food late into the night, kitchens which deliver food at night, etc. OUWT also offers discounts and offers on certain venues. The app generates real-time updates about all its listings, so as to help users make informed decisions.

Founder, Prateek Lal, says that the fresh fusion of funds will be used to expand to other cities. By the end of this year, they will commence operations in Pune and Bangalore. To aid their plans of geographical expansion, they also intend to scale up their currently 12-member strong workforce. They are also looking to enhance the capacity of their sales vertical.

OUWT has been featured on numerous platforms including iamwire, VC Circle, Gadgets 360(NDTV) and so on. Brand Catalyst Media serves as technology partners for OUWT's current and future developments.

Find out more about OUWT

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