Bangalore-based Mobile Commerce Firm JiGrahak
India's Business Standard reports that "Helion Ventures, a $140 million venture fund jointly started by Sanjeev Aggarwal of Daksh fame, is investing in Bangalore-based mobile commerce firm JiGrahak. JiGrahak, which translates into 'Yes Customer', enables mobile commerce and payments through its platform, NGPay (Next Generation Pay). Once downloaded on to your mobile with this platform you can check schedules and buy airline tickets, movie tickets or order a pizza from your mobile phone. All this comes at no cost to a consumer and the company has built in a revenue model through the merchant establishments."
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