Chalo is a bus transport technology company that provides live bus bus tracking services and contactless payment solutions to transform everyday bus travel into a safer and more reliable experience.
Chalo's mission is to make travel better for everyone, and we believe that our cities, our health and our lives will be better when we improve the way we travel.
Chalo was founded in 2014 by Mohit Dubey and Vinayak Bhavnani. The company is headquartered in Mumbai , Maharashtra, India.
Chalo empowers bus operators to transition to digital payments and facilitate commute tracking. The platform solve inefficiencies such as cash-based fare payments, limited availability of monthly passes and unpredictability of bus schedules.
Chalo installs GPS systems on buses, enabling customers to track their commute in real-time through their eponymous app, which also sells tickets and monthly passes. The company has also expanded its offerings to cater to premium clientele through the acquisition of Amazon-backed Shuttl, and ventured into e-bikes via the Vogo brand.
Chalonow operates in over 50 cities and tracking more than 15,000 buses across India. The has also expanded its services to include a multi-modal public transport network solution to cities, encompassing city buses, premium buses, and first and last mile connectivity.
Chalo is backed by Lightrock India, WaterBridge Ventures, Avataar Ventures, Filter Capital, Raine Venture Partners, Trifecta Capital, Stride Ventures, and others. The company raised $57M, which includes a $45M in Series D and a $12M in Debt round on May 22, 2023. This brings Chalo's total funding to $119M to date. The latest round valued the company at $400M-$450M post-money.