Chalo raises $40 million to digitize bus commutes in India

Chalo raises $40 million to digitize bus commutes in India

3 years ago
Anonymous $BH0TGXkyPe

https://techcrunch.com/2021/10/05/chalo-raises-40-million-to-digitize-bus-commutes-in-india/

More than a decade ago, Mohit Dubey founded CarWale, a startup that allows people to sell and buy used and new cars. But spending more than 10 years with the startup made Dubey realize that he was solving problems for just 3% of India. He wanted to try something bigger. Literally.

His current venture is Chalo, which helps bus operators accept digital payments and enables commute tracking. India’s bus market is a $20 billion opportunity, almost twice the size of cabs, but there are very few buses in the country, he told TechCrunch in an interview.