Qriyo, an online venture that connects users with freelance fitness and learning instructors, has raised $160,000 (Rs 1.09 crore) in seed funding from UAE-based early stage VC firm Idein Ventures.
Jodhpur-based Qriyo Infolabs Pvt Ltd will use the money raised to expand into Mumbai and Bangalore.
“Qriyo is not a curated marketplace or an aggregator like many other players in the market. It offers those services which it takes full responsibility for, and uses intelligent technology to control that,†Rajeshwar Prasad, Idein co-founder, said in a press statement.
Idein’s Ashwin Srivasatava will join Qriyo’s board of directors as part of the transaction.
Idein recently invested $160,000 (around Rs 1.1 crore) in Bangalore-based virtual reality startup Infurnia Furnishings Pvt Ltd.