August 4th, 2018Funding is a vital part of every enterprise. Especially, in the case of startups, funding plays a great role in the growth and expansion processes. This week witness various rounds of funding from various companies that raised funds from different investors.
Investment from the right investor can do wonders to a company and change its...
July 30th, 2018Online minibus service Shuttl has successfully raised an amount of $11 million (about Rs 75 crore) in a series-B financing round. This particular funding was led by Amazon, in connection with the Amazon Alexa Fund, and Dentsu Ventures along with existing investors.
The funds so raised will be utilized for product development,...
June 29th, 2018The mobile-based minibus service platform, Shuttl is eyeing to raise an amount of $11 million (around Rs 76 crore) in a new round of funding from a group of investors along with the e-commerce giant Amazon.
The investors that are expected to invest in this funding round are existing investors Sequoia Capital, Lightspeed Venture...
February 7th, 2018Indian cab aggregator Ola has announced that it is shutting down its bus unit Ola Shuttle, as a part of a "re-balancing" of its mobility portfolio, reported Economic Times.
Ola's Shuttle bus service will now be terminated in cities of Delhi-NCR, Mumbai, Kolkata,Hyderabad and Chennai.
The news is surprising as the SoftBank backed...
May 24th, 2016The Delhi government has notified the app-based Premium Bus services starting from June 1 which will enable people to book their seats in buses through their smartphone on the lines of app-based taxis services in the national capital.
Only air-conditioned buses will ply under the scheme according to which one bus aggregator will have...
April 15th, 2016With the second phase of odd-even scheme set to be rolled out from tomorrow, ride-sharing startups are lining up with free rides and scaling up operations to handle higher demand from consumers.
The odd-even scheme was implemented on an experimental basis from January 1 to January 15 in view of high air pollution in the national...
March 14th, 2016With the largest youth population, India is where the future of the world lies. From multinationals to savvy investors, everyone is betting on youngistan. The ever-growing trend of university students and young professionals from across the nation migrating towards big cities, in the hopes of realising their dreams, has created a demand...
January 28th, 2016Gurgaon-based Shuttl, a bus-aggregator company claims to hit another milestone by, reaching its one millionth completed rides across Delhi-NCR in only 194 days of its operations. From being an intra-city to a pan Delhi-NCR public transit service, Shuttl has seen massive transformation. Shuttl has also been able to save Rs 5.10 mn per day...
December 9th, 2015In a bid to control the alarming levels of Delhi's air pollution, CM Arvind Kejriwal has planned to allow private vehicles with even and odd registration numbers on alternate days from January 1 next year. This step, however odd it may sound, can get really beneficial for bus aggregation startups like Shuttl and ZipGo, who can jump on...
