Gurugram-based Shuttl is India’s largest office commute service provider raised INR 57 crore in Series C led by SIG Global Fund. Prior to this, startup had raised around $18 million from Japan’s SMBC Trust Bank and Toyota Tsusho Corporation, a unit of Toyota Group.

In 2017, the company had also announced the launch of its first technology and innovation centre in Bengaluru.In April 2019, the bus-shuttle service startup raised INR 41 crore (as part of Series B funding) from a slew of investors led by Proof.VC.

Among the participating investors were Sabre Investments, Karun Carpets, Exponential 1 Mobility, Trifecta Capital, BCCL (Times Internet parent) MD Vineet Jain, and Mu Sigma's Co-founder and former CEO Ambiga Subramanian.

The company catalyzes a shift away from private vehicles towards shared mobility - a win-win for citizens and cities. It also drives entrepreneurship by providing bus-owners on its platform with the latest technology, better financing, and relevant training, to help them scale and participate in offering a smarter, safer, and greener solution to bus riders. With a mission of solving the pain of commute, Shuttl offers a space-efficient, safe, and cost-effective solution for urban India. Shuttl has demonstrated the ability to simultaneously address the dual challenge of congestion and pollution.

Today, Shuttl serves over 1,00,000 rides daily in seven cities including Delhi-NCR region, Mumbai, Kolkata, Pune, Chennai & Hyderabad. It covers 350+ long routes and operates a fleet of 2000 buses. It has also been awarded UK’s Ashden Award (2018) and Road Safety Award by FICCI (2017). Shuttl is backed by Sequoia Capital, Amazon Alexa Fund, Times Internet, Lightspeed Ventures, Dentsu Ventures, Toyota Tsusho & SPARX Group.