Shuttle
152/2/N Panthopath, Dhaka, Bangladesh
Overview
Shuttle operates air-conditioned minivans that carry 10–11 passengers, offering segmented services (women-only, Shuttle for Business, and select unisex routes) to provide safer, lower-cost alternatives to ride-sharing. The company began in 2018 with a women-only service and expanded in 2020 to serve businesses during the COVID-19 pandemic. Shuttle reports more than 20,000 women registered for its women-only service and has completed over 1 million rides. It plans to expand unisex B2C routes and aims to replicate its model in other developing countries and densely populated cities. Management cites a $7.5 billion total addressable market in Bangladesh alone. Financially, Shuttle has raised seed and pre-seed funding and is eligible for an Impact Ready Matching Fund of up to $100,000 from the Biniyog Briddhi program.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Jun 2021
Industries
- B2B
- Information Technology
- Logistics
- Supply Chain Management
- Transportation
Recent funding
Seed
Jun 2021
$1M