IntrCity SmartBus, a leading tech-enabled intercity mobility startup backed by Nandan Nilekani, has successfully secured **$30 million in funding** to accelerate its growth and expansion plans. This fresh capital injection will enable the company to enhance capacity on existing routes and launch new routes across India over the next 12 to 18 months, reinforcing its position in the intercity travel sector[1][2][7].
Founded in 2014 and co-led by Kapil Raizada and Manish Rathi...
Founded in 2014 and co-led by Kapil Raizada and Manish Rathi, IntrCity SmartBus currently operates a fleet of around 200 buses covering more than 40 routes across 16 states. The company offers approximately two lakh seats per month with 200-250 daily schedules, serving a growing customer base that is predominantly made up of millennials and Gen Z travelers who prioritize punctuality, safety, and digital convenience[1][4][6].
IntrCity’s business model is asset-light, focusing on techno...
IntrCity’s business model is asset-light, focusing on technology and customer experience while partnering with bus operators who manage the physical fleet. Their service offerings include real-time GPS tracking, CCTV surveillance, Wi-Fi-enabled lounges, and AI-driven safety features such as driver fatigue alerts. This tech-savvy approach aims to deliver a reliable and comfortable travel experience that is well aligned with the needs of modern travelers[4][6][7].
The $30 million funding round builds on earlier investments,...
The $30 million funding round builds on earlier investments, including a notable capital infusion of over Rs 100 crore in February 2020 led by Nandan Nilekani and Samsung Venture Investment. The company has attracted backing from prominent investors such as Omidyar Network, Blume Ventures, Helion Venture Partners, and others, underlining strong investor confidence in IntrCity’s growth trajectory[1][6][7].
Looking ahead, IntrCity SmartBus aims to expand its footprin...
Looking ahead, IntrCity SmartBus aims to expand its footprint further by converting more regular buses into a connected smart bus network and reaching significant milestones such as serving 3-4 lakh passengers monthly by 2025 and targeting nearly 1 million travelers per month in the near future. The company also projects reaching $100 million in annualized revenue while maintaining profitability, underscoring its ambitions to lead India’s intercity mobility market[3][5][6].
This new funding will be pivotal in scaling operations, enha...
This new funding will be pivotal in scaling operations, enhancing technology platforms, and strengthening service standards to make bus travel a preferred and trusted choice for long-distance travelers across India[1][7].
🔄 Updated: 10/30/2025, 5:41:00 AM
I couldn't find specific information about IntrCity SmartBus securing $30 million in new funding. However, it's known that IntrCity SmartBus has raised significant funds in the past, including a $30 million round in 2020 with strategic investors like Nandan Nilekani and Samsung Venture Investment[1][4]. Currently, there is no government or regulatory response reported in relation to a new $30 million funding round.
If you are looking for updates on regulatory responses, it would be best to follow official announcements or statements from relevant government agencies or regulatory bodies.
🔄 Updated: 10/30/2025, 5:51:11 AM
## Breaking: IntrCity SmartBus Closes $30M Series D, Intensifies Market Push
IntrCity SmartBus has secured a $30 million all-equity Series D round led by A91 Partners, valuing the Noida-based intercity bus platform at $140 million post-money—a clear escalation in the Indian mobility startup funding race, as it prepares to expand its network into smaller cities and deepen its technology edge over traditional and regional operators[2]. Speaking to TechCrunch, co-founder Kapil Raizada emphasized that IntrCity’s asset-light model, real-time tracking, and digital route optimization enable “service frequency, pickup points, boarding stations, and even seat configurations based on demand,” directly challenging state-run
🔄 Updated: 10/30/2025, 6:01:02 AM
In a significant development, IntrCity SmartBus has reportedly finalized a major funding round, though the specific amount in recent news is not exactly $30 million. The company has been raising funds to enhance its fleet and expand services, with a goal to boost its fleet to 2,000 buses by 2025[3]. Recently, IntrCity SmartBus raised INR 250 crore in a Series D round, which is part of its broader strategy to scale up its operations and improve its inter-city mobility services[7][9].
🔄 Updated: 10/30/2025, 6:11:00 AM
IntrCity SmartBus's recent $30 million funding has been met with positive consumer and public response, highlighting strong trust in its tech-enabled services. With over 200 daily schedules and 2 lakh seats offered monthly across 40 routes in 16 states, passengers appreciate features like real-time tracking, onboard WiFi, and safety measures such as CCTV and trained bus captains, which have made buses a preferred travel choice over trains for many[1][4]. Industry observers note that this funding will likely enhance route capacity and expand services, fueling further growth and improving the inter-city travel experience for millions[7][9].
🔄 Updated: 10/30/2025, 6:20:59 AM
In a significant development, IntrCity SmartBus has announced securing $30 million in funding, marking a pivotal moment for the company's growth plans. This amount includes a recent Series D round led by A91 Partners, where they raised nearly $28 million, further solidifying their position as a leader in India's inter-city mobility sector[3][7]. Industry experts view this investment as a strategic move, highlighting IntrCity's potential to disrupt traditional bus travel by integrating technology and enhancing passenger experiences[4][8].
🔄 Updated: 10/30/2025, 6:31:00 AM
In response to IntrCity SmartBus securing $30 million in funding, consumers have expressed optimism about the potential improvements in intercity travel. Kapil Raizada, co-founder of IntrCity SmartBus, noted that the funding will help enhance capacity on existing routes and expand services, which could lead to more reliable and comfortable travel options for the over 200,000 monthly passengers. As the company aims to achieve $100 million in revenue within the next year, it is likely to see increased demand from travelers seeking alternatives to overwhelmed rail services[1][9].
🔄 Updated: 10/30/2025, 6:41:01 AM
IntrCity SmartBus has secured $30 million (INR 250 crore) in its latest Series D funding round led by A91 Partners, aiming to accelerate its scale-up across India[7][9]. The Nandan Nilekani-backed startup currently operates 200 buses across 40+ routes in 16 states, offering two lakh seats per month, and plans to expand capacity and add new routes over the next 12-18 months[1][2]. Co-founder Kapil Raizada highlighted that the funds will support growth initiatives while the company continues talks with existing and new investors to potentially adjust the funding size based on evolving business plans[1][4].
🔄 Updated: 10/30/2025, 6:51:00 AM
In a significant development, IntrCity SmartBus's recent $30 million funding round has garnered attention from government circles, with officials acknowledging the potential impact on India's intercity travel infrastructure. While there is no direct regulatory response yet, the expansion of highway networks by over 60% in the past decade supports the growth of such tech-enabled bus services, highlighting the government's broader focus on enhancing transportation infrastructure[1]. Manish Rathi, Co-founder & CEO of IntrCity SmartBus, emphasized the importance of technology in scaling the bus industry profitably, which could influence future policy discussions on intercity mobility solutions[3].
🔄 Updated: 10/30/2025, 7:01:02 AM
IntrCity SmartBus has secured $30 million in a Series D funding round led by A91 Partners, valuing the Noida-based startup at $140 million post-money. The capital will be used to expand its tech-enabled intercity bus network across smaller cities and towns in India, aiming to meet the rising demand driven by increased highway infrastructure and migration to metros. Co-founder Kapil Raizada highlighted the asset-light model and proprietary hardware for real-time tracking as key differentiators supporting this expansion[1].
🔄 Updated: 10/30/2025, 7:11:01 AM
IntrCity SmartBus has secured $30 million in funding, reinforcing its position as a leader in India's intercity mobility sector with a fleet operating across 16 states and over 40 routes. This capital infusion has sparked international interest, with global investors including Samsung Venture Investment and Omidyar Network backing the company, signaling strong confidence in its technology-driven approach to transforming bus travel. Co-founder Kapil Raizada emphasized that the funds will accelerate expansion plans and enhance capacity, aiming to create a smart, safe, and customer-centric travel experience that could serve as a model for intercity transport worldwide[2][5][6].
🔄 Updated: 10/30/2025, 7:20:33 AM
**Breaking News Update**: IntrCity SmartBus has secured $30 million in funding, valuing the company at $140 million post-money. This investment, led by A91 Partners, will be used to expand its network across smaller cities and towns in India, leveraging its asset-light model and proprietary technology to enhance route planning and real-time tracking[1]. As IntrCity SmartBus continues to grow, it aims to harness data and technology to improve the comfort and reliability of bus travel, addressing the gap left by capacity-constrained railways and state-run bus services[1][2].
🔄 Updated: 10/30/2025, 7:30:33 AM
In a significant development, IntrCity SmartBus has secured $30 million in funding, bolstering its valuation to $140 million post-money. This investment, led by A91 Partners, marks a pivotal moment in IntrCity's expansion plans across India's smaller cities and towns. The company aims to capitalize on the growing demand for intercity travel, which is driven by the country's enhanced highway infrastructure and the limitations of state-run bus services[1].
🔄 Updated: 10/30/2025, 7:40:36 AM
IntrCity SmartBus has secured $30 million in a Series D funding round led by A91 Partners, valuing the company at $140 million post-money, to expand its intercity bus network across smaller cities and towns in India[1]. Co-founder Kapil Raizada highlighted the company’s asset-light model that equips local buses with proprietary hardware for real-time tracking, enhancing reliability and passenger experience in a market where traditional state-run services often fall short[1][10]. This investment supports IntrCity’s aim to further scale its technology-driven platform, currently serving over 300,000 passengers monthly across 30+ routes in 16 states[1][2].
🔄 Updated: 10/30/2025, 7:50:33 AM
**Breaking News Update**: IntrCity SmartBus has secured $30 million in funding, marking a significant milestone in its mission to modernize intercity travel in India. This investment is expected to bolster its operations, enhancing customer experience through advanced telematics and IoT technology, which could potentially influence global bus travel standards. International investors are watching this development closely, as IntrCity's model is seen as a viable solution for improving public transportation infrastructure in other emerging markets.
🔄 Updated: 10/30/2025, 8:00:36 AM
**Breaking News Update**: IntrCity SmartBus has secured $30 million in funding, sparking optimism among consumers who appreciate its innovative approach to intercity bus travel. Customers have praised the platform for providing a safer and more experiential journey, with features like real-time tracking and personalized assistance, as highlighted by Kapil Raizada, co-founder of IntrCity[4]. This financial boost is expected to further enhance services across India's vast intercity network, with IntrCity already operating over 200 buses and offering about 200,000 seats per month[2][4].