Zingbus
6th Floor, Incuspaze, M3M Urbana Premium, Golf Course Extension Road, Sector 67, Gurugram, Haryana, 122101, India
Overview
Zingbus is a technology solutions platform that aggregates small and medium-sized intercity bus operators under a branded marketplace to standardize India’s intercity bus travel. The company helps partner operators increase profitability and deliver a more reliable experience to travelers. Since its 2019 founding, Zingbus has served more than two million users across 300 Indian cities. It has a commercial agreement with Jio-bp pulse to utilize EV charging networks and convenience sites for bus operators on its platform. The company intends to use the Series A proceeds to scale operations and grow its team. Founders are Prashant Kumar, Mratunjay Beniwal and Ravi Verma. Zingbus is an intercity-mobility company focused on providing intercity bus services. The company was founded in 2019 by Prashant Kumar, Mratunjay, and Ravi Kumar Verma and participated in Y Combinator’s Winter 2021 class. It raised $6 million in a pre-Series A round led by Infoedge Ventures. Funders Club, Pioneer Fund, Anim Fund (Founders Fund Scout), Locus Ventures, and Liquid 2 Ventures participated in the round; Advantedge Technology Fund, 9Unicorns, and Venture Catalyst are listed as existing investors. CEO Prashant Kumar said the pandemic created a unique opportunity to rapidly build in a fragmented, largely unbranded market and has raised customer expectations around hygiene and safety. The article also references Flixbus—noting $650 million invested by General Atlantic, BlackRock, Silver Lake, and Canyon Partners—as a worldwide equivalent for context.
- Total raised
- $14M
- Funding rounds
- 3
- Latest round
- Series A
- Latest activity
- Dec 2024
Industries
- Transportation
Recent funding
Series A
Dec 2024
$9M
Series A
Jul 2021
$5M