News > Chalo raises $40mn in funding round led by Lightrock India, Filter Capital
Chalo raises $40mn in funding round led by Lightrock India, Filter Capital
Business Standard | 05/10/2021 03:05 PM | Click to read full article
Chalo, a public transport technology company, has raised $40 million in funding it aims to use for expanding its bus support services in India and abroad.
Chalo has grown to become one of the largest mobility companies post the pandemic, powering 20 million bus rides in September 2021. The company said it has established market leadership with 15,000 buses live on its platform and a presence in 31 cities across Karnataka, Kerala, Madhya Pradesh, Bihar, Assam, Tamil Nadu, Uttar Pradesh, and other states.