Chalo helps digitise bus commutes
Chalo, a digital platform which helps bus operators to accept digital payments and also track the commutes, has raised USD 40 million in its Series C funding round which was led by Lightrock India and Filter Capital. It has done so to digitise bus commutes in India. Mohit Dubey, CEO, Chalo said that the startup was operating about 1,900 buses before Covid-19 and it now operates 2,500 buses. It also has signed up several thousand more. WaterBridge Ventures, Raine Venture Partners, Neeraj Arora (former chief business officer of WhatsApp) and Amit
Singhal (former SVP at Google) are some of the investors in the start up.