Mobility Startup Chalo Raises INR 53 Cr From Cofounders, Others

, By INC42
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SUMMARY

The funding round saw participation from existing investor Filter Capital, cofounders Mohit Dubey, Priya Singh, Vinayak Bhavnani, among others

Founded in 2014, Chalo operates a full-stack tech platform that allows bus owners to digitise their operations by adding features such as live tracking and digital payments

Chalo reported a loss after tax of INR 135.7 Cr on operating revenue of 137.5 Cr in FY24

Lightrock-backed bus technology platform Chalo Mobility has raised INR 52.5 Cr (about $6.1 Mn) in a funding round,…



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Mobility Startup Chalo Raises INR 53 Cr From Cofounders, Others

, Published By INC42
Travel


SUMMARY

The funding round saw participation from existing investor Filter Capital, cofounders Mohit Dubey, Priya Singh, Vinayak Bhavnani, among others

Founded in 2014, Chalo operates a full-stack tech platform that allows bus owners to digitise their operations by adding features such as live tracking and digital payments

Chalo reported a loss after tax of INR 135.7 Cr on operating revenue of 137.5 Cr in FY24

Lightrock-backed bus technology platform Chalo Mobility has raised INR 52.5 Cr (about $6.1 Mn) in a funding round,…



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.

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Previous News
Sadhguru seeks court protection against AI-driven misuse of his identity
Next News
Business Outline Announces the Business Elite Award | Recognising Exceptional Business Leaders and Companies
INC42

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