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Shuttl

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Shuttl provides an app-based office shuttle service to make daily commute safe, reliable, affordable and dignified for everyone

Gurugram, IndiaFounded 2015Transportation
Valuation $100–500M Latest valuation · 2020
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Shuttl and the history behind them.

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 data

At 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.

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Oct 2021 $0 Chalo
SERIES COther financing Feb 2020 $3M $12M Sojitz Corporation of America
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Shuttl website traffic

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.

Latest monthly visits1.7K 3-month web change+165.6% 1-year team growth-23.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A7 investors entered at this stage

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
Team profiled 45 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇮🇳 India100%
1 country shown

Market sentiment

Posts on X, past 7 days

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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