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Chalo Looks To Raise $200 Million At $800-Million Valuation

Chalo Looks To Raise $200 Million At $800-Million Valuation

01/06/22, 12:30 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IN.svgbengaluru
Money raised
$200 million
Mumbai: Chalo, a transport solutions startup, is looking to raise $200 million, or around Rs 1,500 crore, to invest in technology and expand in India and in a few other countries.

Company Info

Company
Chalo
Location
bengaluru, karnataka, india
Additional Info
The round also saw participation from existing investors WaterBridge Ventures, Raine Venture Partners, Neeraj Arora (former chief business officer, WhatsApp) and Amit Singhal (former SVP, Google), all of whom were early investors in the company, the company said in a press statement. Chalo claims to have 15,000 buses live on its platform and a presence in 31 cities.