Home Startups Startups News Bus aggregator Shuttl secures US$7M in Series B funding

Bus aggregator Shuttl secures US$7M in Series B funding

Posted on

- Advertisement -

Bus aggregation platform, Shuttl, has raised about US$7.2 million in a Series B funding round from Sequoia Capital, Lightspeed India Partners, and Times Internet Ltd.

Shuttl, launched in 2015, offers an app-based office shuttle service across major cities such as Kolkata, Mumbai, Delhi-NCR, Chennai, and Jaipur. The startup allows its users to book bus seats by choosing the pickup and drop off location via the app. Shuttl has also launched a sound wave-based boarding for its users. It also has safety features for its commuters, named Shuttl SAFE (Secure Anxiety Free Experience), fulfilling the needs of urban women commuters, and ensuring their safety during their travel with its service.

Before this round, the company has secured US$36.6 million in multiple rounds of funding from investors such as Sequoia Capital India, Times Internet, Lightspeed Venture Partners, as well as AdvantEdge Partners. These newly acquired funds add up to a total of US$43.8 million of funding raised by Shuttl.

Shuttl is owned by Super Highway Labs Pvt. Ltd and had about 800 buses on its platform. Its competitors include Bengaluru’s ZipGo and Mumbai’s Cityflo, among others. In September last year, it had acquired mass transportation app Commut’s local operations, including its users and driver-partners.

Felicia Calle
Felicia Calle
Australia | Felicia's fascination with tech began in the 90s, and she loves to update readers on the best tech deals on the internet. When she’s not writing, you’ll find her travelling around the world.


Gamevice – Making Your Phone A Portable Gaming Powerhouse

The mobile gaming market is growing and will expect to grow even further. With the improvement in technology, mobile devices are one of the...

 Submit a Story

Do you have a story to share? We will help you inspire, connect, and celebrate with our thoughtfully vibrant community. Click here to find out more!

 Latest Stories

The complete guide to buying air-con in Singapore [Infographic]

Battling the hot and humid weather in Singapore without the aid of air-con can be brutal. Air-conditioning accounts for up to...

140 interesting digital marketing statistics for 2019

Digital marketing is evolving at an explosive rate, making it more difficult for businesses to keep up with the latest industry...

US e-scooter startup Lime picks Singapore as regional HQ

The island city-state will be the headquarters of the US startup, Lime, for its Asia-Pacific expansion plan, with the central business...

Malaysian fintech startup raised pre-series A investment

MoneyMatch announced that it had raised an undisclosed amount in pre-Series A funding led by Cradle Seed Ventures.

Disney+ streaming service launches on 12 November for US$6.99 per month

Disney confirmed on Thursday that its streaming service, Disney+, will launch on 12 November for US$6.99 a month or US$69.99 per...