- Bus Aggregator Shuttl Launches New Security Experience – Shuttl SAFE App-based bus aggregator Shuttl has launched new safety features for its commuters, Shuttl SAFE (Secure Anxiety Free Experience). The startup unveiled a prototype design of the same today in Delhi. The Shuttl SAFE project provides multiple safety checks to every commuter through embedded technology features. It also ensures responsible behaviour by its bus drivers. The […]
- Delhi Transport Department Sues Redbus, Penalises Shuttl The Delhi government has reportedly filed a case against online travel aggregator redBus. As per a recent report, the government initiated legal proceedings alleging redBus of ‘issuing tickets’ for buses that are plying on illegal routes. App-based bus aggregator Shuttl has also reportedly been penalised by the transport department for allegedly plying on illegal routes in the […]
- Government Asks ZipGo To Suspend Services In Bangalore Bangalore-based shuttle bus service, ZipGo, has again suspended its services in the city after the state transport department alleged them of violating rules and operating without permits. Founded in 2015 by Jitender Sharma and Pritesh Gupta, ZipGo, offers on-demand AC bus service and is backed by Orios Venture Partners. ZipGo and BMTC function in the […]
- News Roundup: 10 Stories You Don’t Want To Miss This Week [25 January – 30 January] Indian ecommerce major, Flipkart, plans to hire talent without indulging the candidates into interviews and group decisions. The company has partnered with Udacity, an online learning company to hire graduates, to select candidates based on its Nanodegree projects and Udacity profiles. Important Developments Of The Week: All India Radio Launches Live Streaming App For Mobile […]
- Funding Galore: Startup Fundings Of The Week [21 December – 26 December] This week, early and growth-stage venture capital firm Accel Partners reportedly sold a small amount of its stake in ecommerce giant Flipkart to Qatar Investment Authority for $100 Mn (about INR 650 Cr.). Flipkart is currently valued at around $15 Bn. Accel is still the second-largest shareholder in the ecommerce platform after Tiger Global Management. […]
- News Roundup: 6 Stories You Don’t Want To Miss This Week [21 December – 26 December] Reliance Communications has put the commercial launch of Facebook’s Free Basics on hold till it gets approval from sectoral regulator Telecom Regulatory Authority of India (TRAI). Shuttle Services Suspended In Gurgaon Regional Transport Authority (RTA) has suspended Shuttl and Ola’s Shuttle services in Gurgaon. According to RTA, hese companies have license to operate under the […]
- Bus Aggregator Shuttl Raises $20 Mn; Plans To Target 50,000 Rides A Day Sequoia Capital-backed on-demand bus aggregation platform Shuttl has raised $20 Mn (INR 135 Cr) in Series A round. The round was led by Lightspeed Ventures along with participation from Times Internet and existing investor Sequoia Capital. With this, Bejul Somaia, managing director of Lightspeed India Partners Advisors, will join the board of Shuttl. The company […]
- Startups Are Gearing Up To Leverage Delhi Govt’s Odd-Even Rule Come January and the Delhi government’s odd-even license plate road rationing experiment will be enforced for 15 days in the capital. With buses and metros already running at 80-90% capacity utilisation and plans of capacity addition only materialising by March, there is a dire need for alternative means of transport for daily commuters. Though the […]
- Sequoia Backed Shuttl Aims To Throw Crowded Commutes Under The Bus Delhi, currently, has a population of around 18.2 Mn, making it the second most populous city in the world after Tokyo. The city has been experiencing an explosive population growth that it might not be able to sustain in the long run. This can be seen being reflected on the crowded Delhi streets. People who […]
- Say Ola To Ola’s New Shuttle Service; To Be Launched In Bangalore & Gurgaon Post raising $400 Mn and being valued at around $2.5 Bn, in April this year, Ola has unleashed yet another weapon against its rival, Uber. Today the company is announcing the launch of Ola Shuttle – a service to offer shuttle bus service to urban commuters. The service will be launched on 21 September, and […]