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● M a i n p a g e ● C o n t e n t s ● C u r r e n t e v e n t s ● R a n d o m a r t i c l e ● A b o u t W i k i p e d i a ● C o n t a c t u s ● D o n a t e
C o n t r i b u t e
● H e l p ● L e a r n t o e d i t ● C o m m u n i t y p o r t a l ● R e c e n t c h a n g e s ● U p l o a d f i l e
S e a r c h
Search
A p p e a r a n c e
● C r e a t e a c c o u n t ● L o g i n
P e r s o n a l t o o l s
● C r e a t e a c c o u n t ● L o g i n
P a g e s f o r l o g g e d o u t e d i t o r s l e a r n m o r e ● C o n t r i b u t i o n s ● T a l k
( T o p )
1 H i s t o r y
2 F u n d i n g
3 A w a r d s
4 S e e a l s o
5 R e f e r e n c e s
T o g g l e t h e t a b l e o f c o n t e n t s
S h u t t l
A d d l a n g u a g e s
A d d l i n k s
● A r t i c l e ● T a l k
E n g l i s h
● R e a d ● E d i t ● V i e w h i s t o r y
T o o l s
T o o l s
A c t i o n s
● R e a d ● E d i t ● V i e w h i s t o r y
G e n e r a l
● W h a t l i n k s h e r e ● R e l a t e d c h a n g e s ● U p l o a d f i l e ● S p e c i a l p a g e s ● P e r m a n e n t l i n k ● P a g e i n f o r m a t i o n ● C i t e t h i s p a g e ● G e t s h o r t e n e d U R L ● D o w n l o a d Q R c o d e ● W i k i d a t a i t e m
P r i n t / e x p o r t
● D o w n l o a d a s P D F ● P r i n t a b l e v e r s i o n
A p p e a r a n c e
F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
Shuttl is a mobile app based office commute bus aggregator based out of Gurugram , India . The company was founded in 2015. It operates in more than 6 metro cities across the country.[2] [3] [4]
History
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The company was founded by Amit Singh and Deepanshu Malviya. Shuttl began intra-city bus fleet operations in 2015 within Delhi-NCR .[5]
In 2019, the company clocked ₹100 crore in revenues in FY 2019.[6]
In 2021, the company was acquired by Chalo in an all-cash transaction.[7] [8]
Funding
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Shuttl raised its first round of funding in 2015 and has since then attracted several marquee investors including Sequoia, Lightspeed, Times Internet , Amazon India , Toyota Tsusho among others.[2] [9] [10] SPARX Group , through its Mirai Creation Fund II, as well as some unnamed investors.[11]
In 2020, Shuttl raised ₹23.87 crore in Series C funding round led by Sojitz Corporation with participation from Compound Partners LLC.[12]
Awards
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In June 2018, Shuttl was felicitated in the sustainable mobility category at the International Ashden Awards held in London .[13] [14]
Earlier, in November 2017, in the FICCI Road Safety Awards, the firm had won the Special Jury Award in the category of Road Safety Product and Solution.[15] [16]
See also
[ edit ]
References
[ edit ]
^ "Shuttl records 100,000 daily rides on its platform" . The Economic Times . Retrieved 7 June 2020 .
^ "Shuttl to ride into four new cities soon" . 10 May 2016. Retrieved 7 June 2020 .
^ "Bus Aggregator Shuttl Launches New Security Experience – Shuttl SAFE" . 25 July 2017. Retrieved 7 June 2020 .
^ SH, Salman (15 October 2019). "Shuttl crosses ₹100 crore revenue in FY19 with 100k daily riders" . mint . Retrieved 2 March 2023 .
^ "Chalo buys two-wheeler rental startup Vogo in second acquisition over six months" . Moneycontrol . Retrieved 2 March 2023 .
^ Singh, Manish (26 October 2021). "India's Chalo acquires Amazon-backed bus aggregator Shuttl" . TechCrunch . Retrieved 2 March 2023 .
^ "Toyota-backed bus aggregator Shuttl raising capital from new investor" . VCCircle . Retrieved 7 June 2020 .
^ "Shuttl gets latest round of funding from Amazon; here's how the startup is making daily commutes smooth" . 13 August 2018. Retrieved 7 June 2020 .
^ "India's Shuttl raises $36M to expand its app-based bus aggregator" . TechCrunch . 25 November 2019. Retrieved 18 November 2020 .
^ Mittal, Aarzoo (18 February 2020). "Shuttl raises Rs 24 Cr more in Series C round" . Entrackr . Retrieved 2 March 2023 .
^ "India's sustainable energy superheroes shine at the Ashden Awards" . 13 June 2018. Retrieved 7 June 2020 .
^ "Shuttl - Ashden Award Winner 2018 - Ashden" . Retrieved 7 June 2020 .
^ "FICCI Road Safety Awards 2017 Citation" (PDF) . Retrieved 7 June 2020 .
^ "Shuttl launches safety feature for its passengers" . www.businesstoday.in . 26 July 2017. Retrieved 7 June 2020 .
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● T h i s p a g e w a s l a s t e d i t e d o n 1 1 J a n u a r y 2 0 2 4 , a t 1 8 : 5 3 ( U T C ) . ● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n . ● P r i v a c y p o l i c y ● A b o u t W i k i p e d i a ● D i s c l a i m e r s ● C o n t a c t W i k i p e d i a ● C o d e o f C o n d u c t ● D e v e l o p e r s ● S t a t i s t i c s ● C o o k i e s t a t e m e n t ● M o b i l e v i e w
