Matrix provides Series A for India traffic information portal
Matrix Partners India has provided a Series A round of funding for real-time traffic and travel information platform Birds Eye Systems. The size of the investment was not disclosed but the capital will be used to expand the company’s coverage from Mumbai, New Delhi and Bangalore to other cities and to multiple modes of transport.
Birds Eye was founded in 2009 and launched the Traffline platform last year. Information on traffic conditions is sourced through partnerships with private companies, government, police and public transportation...
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