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Zonnett plans to raise $3-5 million

Former Zee Group CEO and his friend founded start-up to expand its service to 6 more cities

BS Reporter  |  Chennai 

Zonnett, founded by former CEO of Zee Group Abhijit Saxena and former investment banker Kanishka Saxena, is planning to raise around $3-5 million to expand its services. The start-up positioned itself as an one stop solution to automobile repair and service sector.

The proposed fund raising will be utilised for investments in geographic expansion, new product development and scaling of operation. Kanishka Garg, Chief Operations Officer, Zonnett said that in January the company has raised about a half million to develop production and applications and to set up operations in ...

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First Published: Sat, September 03 2016. 10:06 IST