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Squeakee has commitment for series-A funding by mid-2014

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Harmeet
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MUMBAI, INDIA: Squeakee - a unique location - aware - promotion search engine, a brainchild of a young and dynamic entrepreneur - Abrar Shaikh.

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The dream venture, had earlier received seed funding from Kae Capital and Mumbai Angels. Squeakee, started it's operations in mid-last year has been growing in technology, team and operations, today confirmed of receiving further commitment from Kae Capital & Mumbai Angels who along with other investors have shown interest in series A funding sometime in mid-2014.

Squeakee boasts of a huge user base and market traction as it has aggressively progressed forward by developing a promising location aware technology. Squeakee's promising model - as a unique venture, has also been tracked by many top VC's in the country, which is likely to lead to a Series- A investment that may take place by mid of next year.

Sasha Mirchandani, managing partner, Kae Capital, said: "We at Kae Capital have always propagated ideas that have been backed by great passion and innovation. Squeakee for us was an innovative concept, which interested us to fund it whole-heartedly in the market as we wished to see this concept come to life. Abrar is mature, aggressive and has rich experience in both corporates and start-ups and the team he has built is entrepreneurial by nature. Squeakee's passion & never-say-never attitude is one that cannot be missed and thus intrigued us to invest in their dream."

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Squeakee is the only location - aware - promotion search engine. It helps its users to search and discover promotional offers & specials across their preferred brands, products or categories in their respective city or vicinity. Squeakee has proven to be a credible platform for the B2C business model as it allows merchants from the organized as well as the unorganized sector to publish and promote their offers. Partners can use its location-aware technology to promote their offers and specials to drive consumers in their stores which otherwise went undiscovered.

Abrar Shaikh said: "The journey so far has been challenging enriched with a plethora of learning. The success of a start-up is all about an unrelenting dream, passion and perseverance. The proprietary location-aware-technology, which we have developed, encapsulated by the visually stunning map based experience on the desktop and mobile is breath taking. We are lucky to have achieved relentless support from Sasha and the rest of the angels who have closely shared our vision for Squeakee until date."

Squeakee, which was envisioned by Abrar last year, has today grown into a 40 plus member team that are passionately working towards making Squeakee the de-facto L-commerce platform.

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