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Shuttl
Shuttl provides an app-based office shuttle service to make daily commute safe, reliable, affordable and dignified for everyone
About Shuttl
Shuttl is a technology-driven transportation service that provides affordable and comfortable air-conditioned office rides in major Indian cities including Pune, Mumbai, Hyderabad, Delhi NCR, Noida, Kolkata, and Chennai. The company primarily serves office-goers who seek a reliable and stress-free commuting experience. Operating in the urban transportation market, Shuttl leverages a subscription-based business model where users can book rides through its mobile app at a nominal fee of Rs 50 per ride. The company generates revenue through these ride bookings and possibly through partnerships or advertisements within its app. Shuttl places a strong emphasis on safety and hygiene, requiring all passengers to fill out a health declaration before booking. Each vehicle is equipped with medical-grade sanitizers, and both passengers and staff are mandated to wear masks. The buses undergo daily sanitization with medical-grade disinfectants and fortnightly deep cleansing to ensure a microbe-free environment. Only healthy staff, who undergo daily temperature checks and are equipped with masks and gloves, are allowed on duty. Shuttl's captains are trained in safety and sanitization protocols to ensure a secure ride for all passengers.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2015
- Headquarters
- Gurugram, India
- Employees
- 189
- Open positions
- None listed
- Dealroom signal
- 68.0/100
- Industry
- Transportation
- Sub-industry
- Mobility
- Sector
- Transportation, Sharing Economy, App, Ride-Sharing, Micromobility, Software
- Technology
- Mobile app
- Client focus
- b2c
Latest news
Press, funding announcements and product moves mentioning Shuttl.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Oct 2021 | $0 | — | Chalo | — |
| SERIES COther financing | Feb 2020 | $3M | $12M | Sojitz Corporation of America | — |
Growth signals
Latest recorded traffic for Shuttl is 1.7K monthly website visits, up 165.6% over the last three months. Shuttl's team declined 23.5% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Advantedge
Sequoia
Series A7 investors entered at this stage
Lightspeed Venture Partners
Times InternetAmazon
Dentsu Ventures
Trifecta Capital Advisors
The Times Group
New Atlantic Ventures - NAV.VC
Series B and later6 investors entered at this stage
Toyota Tsusho
SMBC Trust Bank
Sparx Group
Karman Ventures
Sojitz Corporation of America
Susquehanna International Group
Other known investors1 additional known investor
Chalo
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Shuttl on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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