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Chalo

Tech Company Financing Transactions

Chalo Funding Round

Chalo, based in Mumbai, secured $40 million in investment from Filter Capital, Lightrock and private investors.

Transaction Overview

Company Name

Chalo

Announced On

10/6/2021

Transaction Type

Venture Equity

Amount

$40,000,000

Round

Series C

Investors

Filter Capital (Lead Investor) (Nitin Nayar)

Lightrock (Lead Investor) (Vaidhehi Ravindran)

private investors (Amit Singhal)

private investors (Neeraj Arora)

Raine Ventures

WaterBridge Ventures (Manish Kheterpal)

Proceeds Purpose

Proceeds will be used to buy back ESOPs to reward current and former employees, as well as to enable early angel investors to monetise.

Company Information

Company Status

Private & Independent

Industry

Transportation

Mailing Address

F-611 Tower 2 Seawoods Grand Central
Mumbai, 400706
India

Phone

Undisclosed

Website

www.chalo.com

Email Address

[email protected]

Overview

Chalo is India's #1 bus transport technology company that provides live bus tracking services and contactless payment solutions to transform everyday bus travel into a safer and more reliable experience.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Mohit Dubey

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Prev: 10/6/2021: PHYTunes venture capital transaction
Next: 10/6/2021: Amenli venture capital transaction

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

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