This press release is to share Merisis’ role in a fund raise that was completed in late CY2016, and to share their testimonial to our services.We are happy to share with you that Merisis Advisors has been the exclusive advisor to ZipGo Technologies, a leading on-demand bus service and aggregation platform, in its $6 million fund raise from Ventureast, Omidyar Networks, Orios Venture Partners and Innoven Capital, completed in late CY2016.About ZipGoZipGo is catering to the huge unmet demand in urban daily commute segment, leveraging technology and an asset light model to connect users with supply. It has an single minded focus on providing the best customer experience in its category. The core value proposition of convenience, efficiency & affordability – backed with excellent operational control and customer care – has allowed ZipGo to quickly build a loyal following among its users. The ZipGo team has demonstrated a strong focus on unit economics, determined to create a scalable and profitable business.Jitender Sharma, Co-founder, ZipGo on Merisis’ role in the transaction:Merisis’ faith in the ZipGo team was unwavering through the fund raise and they put in immense efforts to back this belief, which I believe helped significantly in getting investors on board. They are thorough professionals and supported us through the entire process, even in diligence and documentation. A pleasure working with them.About Investors (Ventureast, Omidyar Network, Orios Venture Partners and Innoven Capital):Ventureast Fund Advisors India Limited is a private equity and venture capital firm specializing in all stages, incubation, mezzanine, early, seed, startup, and growth capital investments in small and medium middle market enterprises. It provides seed and early stage capital to companies operating in India. It considers investing between $0.1 million and $15 million. Ventureast Fund Advisors India Limited was founded in 1997 and is based in Bangalore, India with additional offices in Hyderabad, India and Chennai, India.Omidyar Network is a private equity and venture capital firm specializing in seed, startup, growth stage, early, and mid venture investments. It invests in profit and non-profit organizations. The firm typically invests and support companies around the world with a focus on India, United Kingdom, Southeast Asia, United States, Europe, Latin America, and Sub-Saharan Africa. It seeks to make initial investments greater than $1 million. The firm invests between $1 million and $10 million in for-profit companies and between $0.5 million and $5 million in non-profit companies. It makes philanthropic investments and grants through access to capital and media, markets, and transparency. Omidyar Network was founded in 2004 and is based in Redwood City, California with additional offices in Washington, D.C.; Johannesburg, South Africa; Mumbai, India; and London, United Kingdom; and London, United Kingdom.Orios Venture Partners is a seed stage venture fund which primarily invests in consumer technology startups and brands. Orios works closely with invested companies, especially in marketing and branding, to help them cost effectively breakout and build a loyal tribe of users. Orios was founded by Rehan Yar Khan whose past investments include Druva, Olacabs, Reach Accountant, Sapience, Pretty Secrets, Jigsee, Unbxd, Ziffi and Snaplion. Orios Venture Partners was founded in 2013 and is based in Mumbai, India.InnoVen Capital is Asia’s leading venture lending firm with offices in Mumbai, Singapore and China. In India, InnoVen Capital is positioned as the first and largest venture debt provider to venture capital backed start-ups in India across stages of growth and sectors. The China office was established in April 2017 and supports the growth of leading companies of the next generation in greater China area. Specifically, InnoVen China focuses on lending to high-growth start-ups after their series A funding.About Merisis Advisors:Merisis Advisors is an investment banking advisory firm, offering independent advisory services to emerging growth and mid-market corporate clients and family offices, on mergers and acquisitions as well as fund raising activities. The firm also advises asset management companies on follow-on fund raise and exit for their portfolio companies. Merisis focuses on the technology, consumer and related sectors, where they have built significant domain knowledge and transaction experience. For more information, please visit us at www.merisisadvisors.com or contact email@example.com.