Gurgaon-based ApniBus has raised pre-seed funding led by Antler India. This round also saw participation from GoodWater Capital and angels investor like Niraj Singh (Founder and CEO, Spinny) and Asish Mohapatra (Founder and CEO, OfBusiness).
ApniBus is live in over 15+ cities on more than 350 routes connecting over 1000 destinations. In just 7 months, the platform is seeing over 200,000 monthly transactions and growing rapidly month on month.
“The Bharat customer has embraced digital experiences for everything from UPI payments to Amazon e-commerce, but the essential needs around intercity travel remain unsolved for 3 crore travellers every single day, with 95%+ of buses not digitized. Intercity bus travel for the Tier-3 and Tier-4 markets has been underserved by existing players and we are thrilled to support ApniBus in its journey of transforming this space. With ApniBus, Sumit and Ravi are successfully cracking the complex challenge of digitizing the intercity bus stack along with solid unit economics. Apnibus has the potential to be one of the biggest platforms in mobility in India.” said Nitin Sharma, Investment Partner, Antler India
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Founded in 2021 by repeat entrepreneur Sumit Gupta and operations and mobility specialist Ravi Yadav. The just-in-time booking solution offered by ApniBus is set to impact millions of intercity travellers while also helping bus operators with ticketing, inventory and fleet management.