Key Highlights
Shuttl had raised $11 Million by Amazon India, Amazon, Alexa and Dentsu Ventures
Shuttl has more than 45,000 rides in its five cities
Shuttl has entered the food delivery market by launching meals on buses for daily travelers
Shuttl is an office-based bus service application, owned by Super Highway Labs Pvt. Ltd. The bus aggregator provides services in major cities such as in Delhi, Pune, Hyderabad, Mumbai, and Kolkata. Shuttl was founded by Amit Singh and Deepanshu Malviya in 2015 and presently has over 800 buses on its ground. Shuttl is trying to provide air-conditioned minibuses and it seeks to resolve transportation problems in the country. In 2015, Shuttl was able to raise $20 Million within 8 months based on its successful outcome in the Delhi market.
However, in mid-2018, the bus aggregator had raised $11 Million by Amazon India, Amazon, Alexa and Dentsu Ventures and at present has more than 45,000 rides in its five cities. It has around 200 employee workforce, half of which are in engineering roles. It has also been depending on hyper-local consciousness drivers and ads on its buses to expand its business.