[Funding alert] Intercity transport startup gogoBus raises funding from ixigo, others

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New Delhi-based good bus startup gogoBus has raised an undisclosed quantity of funding in a spherical led by AI-based journey app ixigo.

ixigo’s funding is part of gogoBus’s first spherical of funding, alongside different distinguished angel traders together with Rajesh Sawhney (Co-founder & CEO, Innerchef) and Abhishek Sharma (COO, Dineout). With this funding, gogoBus has launched operations on a number of routes in North India and shall be increasing its product and know-how crew. 

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Commenting on the funding, Aloke Bajpai, Co-founder & CEO, ixigo, stated

“Regardless of buses being the most well-liked technique of intercity transport within the nation, the market is very fragmented and non-standardised, with many pain-points price fixing on this section. Typically, travellers find yourself planning a last-minute inter-city bus journey because of the lack of availability on trains and excessive flight fares. gogoBus permits folks to take action in a wise and reasonably priced method.” 

Including to this, Rajnish Kumar, Co-founder and CTO, ixigo, stated, “The bus market in India is kind of enticing with over 5 billion bus journeys a 12 months. The gogoBus crew’s prior working expertise with buses, area data of journey and transportation, coupled with ixigo’s demand-side scale will assist disrupt the bus journey market in an enormous method.”

Launched in January 2020, gogoBus is co-founded by Amit Gupta (ex-core crew member at Shuttl) and Avinash Singh Bagri (ex-founder Journey Scanners). gogoBus affords standardised buses, self-operated lounge, pre-defined pickup factors, and a in-house tech platform for reserving, monitoring and in-bus security options. 

Amit Gupta, Co-founder, gogoBus, stated,

“Our intention is to set new requirements with regards to consolation and security in bus journey. We provide a variety of options together with customised reclinable luxurious seats, GPS-enabled buses, predefined pit stops and educated, verified and uniformed drivers to provide an exemplary expertise to all bus travellers. Inside a month of launch, gogoBus takes pleasure in having lined 5,00,00zero+ km with a four.eight ranking on Google Play Retailer.”

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