Chalo navigated mobility’s worst year. Can it now find a revenue route?

Chalo navigated mobility’s worst year. Can it now find a revenue route?

author-image

Aditi Shrivastava

156 reads
author-image

Aditi Shrivastava

156 reads

The transport tech startup has raised funds twice in a pandemic-hit market and acquired bus aggregator Shuttl. It is on track to close another major deal. But bus services are a highly regulated and low-ticket business in India. So, what is bringing investors here?

February 10, 2022

9 MINS READ

Until about two years ago, most investors made little of the largest segment of mobility in India, literally missing the bus. That position is undergoing a sharp reversal.

“The unsexiest business in transportation, buses, has finally found some investor love. All it took was a global pandemic,” quipped a founder in the mobility space, referring to the rising venture interest in companies like Chalo.

share

Share this read

bookmarklike
like
bookmark
share
share

Share this read

bookmarklike
like
bookmark
share
share-button
like-button
share-button

For subscribers only

Premium Reads

>>

View More >>

Deeply reported and objective news on the country´s fastest-growing companies and the people behind them.