Shuttl
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.0m | Early VC | ||
INR100m | Early VC | ||
INR500m | Series B | ||
INR350m | Early VC | ||
$42.0m | Series C | ||
$18.0m | Series C | ||
$2.5m | Series C | ||
$3.0m | Series C | ||
$8.1m Valuation: $211m | Series C | ||
N/A | Acquisition | ||
Total Funding | €111m |
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Recent News about Shuttl
EditShuttl is a technology-driven transportation service that provides affordable and comfortable air-conditioned office rides in major Indian cities including Pune, Mumbai, Hyderabad, Delhi NCR, Noida, Kolkata, and Chennai. The company primarily serves office-goers who seek a reliable and stress-free commuting experience. Operating in the urban transportation market, Shuttl leverages a subscription-based business model where users can book rides through its mobile app at a nominal fee of Rs 50 per ride. The company generates revenue through these ride bookings and possibly through partnerships or advertisements within its app. Shuttl places a strong emphasis on safety and hygiene, requiring all passengers to fill out a health declaration before booking. Each vehicle is equipped with medical-grade sanitizers, and both passengers and staff are mandated to wear masks. The buses undergo daily sanitization with medical-grade disinfectants and fortnightly deep cleansing to ensure a microbe-free environment. Only healthy staff, who undergo daily temperature checks and are equipped with masks and gloves, are allowed on duty. Shuttl's captains are trained in safety and sanitization protocols to ensure a secure ride for all passengers.
Keywords: Urban transportation, office commute, air-conditioned rides, safety protocols, sanitization, subscription model, mobile app, affordable, reliable, Indian cities.