infotechlead

Transport technology co Chalo raises $7 mn

Chalo, a public transport technology company in India, has raised $7 million in its latest round of funding.
Shuttl bus sharing app
This round includes Chalo’s existing investors Raine Ventures, the early-stage fund managed by The Raine Group, USA, Neeraj Arora (former Chief Business Officer, WhatsApp) and Amit Singhal (former Senior Vice President and Head of Google Search, Google).

The new round of funding saw participation from the family offices of Saket Burman of Dabur, Tarun Sawhney of Triveni Group, among others.

Chalo has raised $30 million till date.

The funds raised will be utilised for expanding Chalo’s network into multiple cities as well as to increase the penetration of digital tickets technology in its existing cities.

Latest

More like this
Related

Venture Capital Funding:  Upscale AI, Glass Imaging, Olio

Several tech startups — Upscale AI, Glass Imaging, Olio, among others, have announced...

Venture Capital Funding: Carta Healthcare, WisdomAI, Inductive Bio

Several tech startups — Carta Healthcare, WisdomAI, Inductive Bio, among others, have announced...

Venture Capital Funding: CueZen, Eyeo, 7Learnings, Fastino AI

Several tech startups — CueZen, Eyeo, 7Learnings, Fastino AI, among others, have announced their...

Venture Capital Funding:  Recraft, Parloa, StackOne, Blinq, Rentana, XY Miners

Several tech startups — Recraft, Parloa, StackOne, Blinq, Rentana, XY Miners, among others, have announced their...