April 22, 2017 08:43 pm | Updated 09:15 pm IST - CHENNAI
Howdy Ventures, which owns HowdyDo!, a social events and messaging app, has raised ₹10 crore. Xavier Britto, chairman of Kerry Indev logistics, picked up 50% equity in the company amounting to ₹10 crore . Howdy is also talking to private equity to raise another ₹20 crore over the next six months. The money will be used for product development, said Howdy Ventures CEO Sudhakar Raja.
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