Instago, an intra-city travel application that helps it’s users to compare prices and book the cheapest mode of transport across different categories has raised $500K from multiple investors including angel investor Ramit Sethi of Strongbox Ventures.
Instago collates information from multiple transport agencies and commuter generated content for real-time information on different modes of transport.
“The cost of not having information proves to be expensive in cities across the world. In London, Anmol and I were spending 66% more on the tube than on the bus with similar trip durations, but we had to figure this out for ourselves. Instago’s concept is applicable everywhere, not just here in India,” says Nakul Khanna, cofounder of Instago which was incorporated in 2015 by him and cofounders Anmol Ahlawat and Aneesh Seth.
The comparison portal is also live in the US market.