VC Fund Investments
Intercity bus aggregator Zingbus raises Rs.45-Cr from Infoedge, Silicon Valley investors, others
Gurugram-based intercity mobility startup Zingbus has raised INR 44.6 crore in a pre-Series A funding round led by Infoedge Ventures, which also saw participation from Silicon Valley investors such as Funders Club, Pioneer fund, Anim Fund (Founders Fund Scout), Locus ventures and Liquid 2 Ventures. Existing investors Advantedge technology fund, 9Unicorns, and Venture Catalyst also invested in the funding round. The company has also received backing from a clutch of value-adding angels like NFL fame Joe Montana, Alan Rutledge, John Jersin, Ankur Nagpal, Vinod Gupta, Ben McCan, and Harry Robertson. The funds will be usd to develop technology and expand the service to new geographies. The startup is also hiring across engineering, product, business, and operations profiles. Founded in 2019, Zingbus aims to make safe and reliable travel accessible. It aggregates fleets of buses to deliver a standardized intercity travel experience to its customers. The firm claims to connect more than 100 cities and towns across the country.
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