Hour4u Secures $420K Seed Funding to Revolutionize On-Demand Staffing and Venue Booking

Hour4u, a rental marketplace for venues and hourly workers, raised $420K in seed funding from Apptad Technologies. Founded by Anmol in 2019, Hour4u aims to streamline the booking process with an AI-driven model. The funds will help expand services and improve customer experience.


PTI | Pune | Updated: 17-06-2024 16:50 IST | Created: 17-06-2024 16:50 IST
Hour4u Secures $420K Seed Funding to Revolutionize On-Demand Staffing and Venue Booking
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Hour4u, an innovative rental marketplace specializing in venue bookings and on-demand hourly workers, has raised $420,000 in its latest seed funding round. The financing was led by Apptad Technologies Private Ltd and marks the startup's second funding round after an initial angel investment last year.

Launched in 2019 in Pune by entrepreneur Anmol, Hour4u began as a WhatsApp group aiding college students in finding part-time work. The platform has since evolved, leveraging artificial intelligence to connect enterprises, agencies, and suppliers efficiently. This unique model allows businesses to compare bids, track work, and verify tasks in real-time, significantly reducing fulfillment times.

With major clients like UBER and Zomato, Hour4u plans to use the new funds to onboard more customers, expand its services to major Indian metro cities, and enhance its sales team. Anmol Pathak, Founder and CEO, stated, 'This funding validates our model and vision, bringing us closer to making anything and everything available for hourly rental.'

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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