Shuttl is a mobile app based office commute bus aggregator based out of
Gurgaon
Gurgaon (pronunciation: �ʊɽɡãːw, officially named Gurugram (pronunciation: �ʊɾʊɡɾaːm, is a city located in the northern Indian state of Haryana. It is situated near the Delhi–Haryana border, about southwest of the nationa ...
,
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
. The company was founded in 2015. It operates in more than 6 metro cities across the country.
History
The company was founded by Amit Singh and Deepanshu Malviya. Shuttl began intra-city bus fleet operations in 2015 within Delhi-NCR.
Funding
Shuttl raised its first round of
funding
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses ...
in 2015 and has since then attracted several marquee investors including Sequoia, Lightspeed,
Times Internet
Times Internet is an Indian internet technology company, based in Gurgaon, which owns, operates and invests in various internet-led products, services and technology. It is the digital arm of the Times Group, the largest media conglomerate in I ...
, Amazon India,
Toyota Tsusho
is a sōgō shōsha (trading company), a member of the Toyota Group. Toyota Tsusho has a worldwide presence through its many subsidiaries and operating divisions, including over 150 offices, and 900 subsidiaries and affiliates around the world. ...
among others.
In November 2019, Shuttl raised $36 million in funding from Toyota Tsusho Corporate and
SPARX Group
SPARX Group is a group of companies led by SPARX Group Co., Ltd as a holding company and is active in the investment and real estate business.
Background
SPARX Asset Management Co., Ltd was established on July 1, 1989.
On December 1, 2001, it ...
, through its Mirai Creation Fund II, as well as some unnamed investors.
Awards
In June 2018, Shuttl was felicitated in the sustainable mobility category at the International Ashden Awards held in
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
.
Earlier, in November 2017, in the FICCI Road Safety Awards, the firm had won the Special Jury Award in the category of Road Safety Product and Solution.
See also
*
Ridlr
Ridlr is an Indian public transport commuting and ticketing app. It was founded in 2012. Ridlr allows commuters to access real-time information about the various modes of transportation. It also books tickets and tokens through the app with dig ...
*
RedBus.in
redBus is an Indian online bus ticketing platform, providing ticket booking facilities through its website and iOS and Android mobile apps. It is headquartered in Bangalore and works like a hub, acting as a medium for a network of more than ...
*
MakeMyTrip
References
{{reflist
Transport companies of India
Road transport in India
Companies based in Delhi
Transport in Delhi
Indian companies established in 2015
Transport companies established in 2015
Online companies of India