Buses to play critical role in enhancing last mile commute in metro cities: Cityflo

Share via:


Cityflo, a premium daily commute firm, plans to expand its fleet by 1,600 buses over the next two years and grow revenues four-fold to Rs 300 crore by 2027.

Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo provides an alternative commuting solution and serves corporate professionals in Mumbai and Hyderabad, and more recently Delhi.

The company said growth will be driven by its entry into new markets, diversified business lines and strengthened corporate partnerships.

“With only 1.2 buses…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Buses to play critical role in enhancing last mile commute in metro cities: Cityflo


Cityflo, a premium daily commute firm, plans to expand its fleet by 1,600 buses over the next two years and grow revenues four-fold to Rs 300 crore by 2027.

Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo provides an alternative commuting solution and serves corporate professionals in Mumbai and Hyderabad, and more recently Delhi.

The company said growth will be driven by its entry into new markets, diversified business lines and strengthened corporate partnerships.

“With only 1.2 buses…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Ghazal Alagh’s The Derma Co Wins Against Lakme; Court...

Honasa Consumer Ltd (HCL), the parent company of MamaEarth,...

B2B ecommerce startup OfBusiness raises Rs 100 crore from...

Business-to-business (B2B) ecommerce platform OfBusiness has raised Rs...

IT’s hiring plans on ice as tariff war sends...

Indian software exporters are adopting a "wait and...

Popular

Upcoming Events

Google Suspends 2.9 Mn Ad Accounts In India On...

SUMMARY Alphabet-owned Google removed 247.4 Mn advertisements and suspended...

Oceaniss Expands into Men’s Fashion with a New Premium...

Mumbai (Maharashtra) , April 17: Oceaniss, an iconic...

Jewelbox secures  $3.2 Mn in Pre-Series A round led...

Jewelbox, India's leading lab-grown diamond jewelry brand, successfully secured...
GdfFD GFD GFD GFD GFD GFD GFD GFD DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG DFG