Bangalore: Mumbai based, taxi booking portal-BookMyCab.com, has raised funds from Mumbai Angels and YourNest Angel, and this procured fund will be utilized by the company to expand the taxi base and also to secure a better and competitive position in Mumbai. As reported by Dealcurry.com

This investment from YourNest angels has an addition to the board; Sunil K Goyal from this funding company has joined as a nominee on the board of BookMyCab. This travel cab website has real time tracking, for every cab and ensures that it is safe for women and old passengers.

LiveMinds Solutions operates this portal by providing taxi booking services. It offers local travel - point to point facilities, airport travel and railway station transfers are undertaken through metered cabs.  It also has a hotline service for telephone booking for the regular black and yellow taxis and cool (air conditioned) cabs at regular meter fares.

BookMyCab.com also has a Pan India Partnership with ARS SE (subsidiary of ARS Traffic & Transport Technology BV, The Netherlands) for running its entire technology backend programs including dispatch technology comprising navigation device, automated dispatch technology and IT infrastructure.

Recent investments of these investors include -

YourNest Angel - Mycity4kids, an online resource portal providing kid’s related local services.

Mumbai Angels - United Mobile Apps a mobile technology company that focuses on Connection Management (UConnect)