Chalo is India's leading bus transport technology company, revolutionizing everyday bus travel to enhance safety and reliability. Founded in 2014, Chalo offers live bus tracking services and contactless payment solutions, catering to the 85% of Indians reliant on public transport. With private transport exacerbating traffic and congestion issues, Chalo aims to elevate travel experiences for all, prioritizing the improvement of city transport systems. The company recently secured a $45.00M Series D investment on May 22, 2023 from Waterbridge Ventures, Avataar Venture Partners, and Amit Singhal. Positioned at the intersection of Big Data and Transportation, Chalo demonstrates substantial potential for disruption and societal impact.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | $45.00M | 3 | Amit Singhal | 22 May 2023 |
Debt Financing | $12.00M | 2 | 22 May 2023 | |
Series D | $23.75M | 2 | The Smart Start Fund | 24 Apr 2023 |
Venture Round | $13.89M | 3 | 05 Apr 2022 | |
Series C | $40.00M | 6 | Amit Singhal | 05 Oct 2021 |
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