The Bangalore-based startup Mubble, run thru Mubble Networks Pvt Ltd, that may be serving to phone consumers examine their spending on calls, SMSes and mobile knowledge, has raised an undisclosed amount in a Assortment A funding round from challenge capital corporate Accel Partners to scale its business.
The finances will basically be implemented inside the expansion of its tech body of workers and product format.
Mubble assists prepaid mobile consumers to curtail unexpected balance deductions by the use of generating something similar to an itemized usage bill on the handset itself. It intimates consumers of charges incurred after each identify, SMS or knowledge session and saves that wisdom on the tool for longer term reference. Mubble does this by the use of an on-device text analytics engine.
Mubble used to be based in 2013 by way of Ashwin Ramaswamy (IIT Madras, IIM Bangalore), Pranav Jha (IIT Bombay) and Raghvendra Varma (IIT-BHU) stated that the app, which matches offline, has been downloaded over a part million occasions.
Mubble reads the automated pop-united states of americathat provide out stability main points each and every time an SMS or name is made and routinely updates those main points. It reduces the want to ship knowledge out of smartphones to critical servers, which the corporate says makes it bandwidth-maintaining and privateness pleasant.
Merely final month, Mubble had secured an undisclosed amount of funding from Infosys co-founder Nandan Nilekani.