Messaging app Lookup raises funds from Japanese investors

Messaging app Lookup raises funds from Japanese investorsBangalore-based instant messaging app Lookup has raised about Rs 2.4 crore from Japanese investors DeNA Co and Teruhide Sato.

DeNA runs a social games platform called Mobage while Teruhide Sato is the founder of Beenos group, a global internet and e-commerce business incubator.

Lookup lists businesses, restaurants, and even police stations for users to connect with. It lets you shoot off a message to the local businesses without leaving the app. Also, users can find prices and availability of products or services at local businesses, book appointments at salons, or make reservations at restaurants with this app. Any store or restaurant using Lookup can then respond instantly.

“I am happy to join the Lookup journey. India is a very big and exciting market for investors around the globe now. We feel Lookup is a great idea and has the potential to gain the local market,” said Teruhide.

“Both our recent investors have strong foothold in the mobile space and have successfully led innovations in Japan, their enriched experience will further add to our vision,” said Deepak Ravindran, founder of Lookup, as per update in Lookup blog.

Earlier Lookup had raised about $160K and $100K funding from Infosys co-founder Kris Gopalakrishnan and MKS Switzerland SA.