With an annual rate of $80 million in on-travel consumer spend across India, the platform is clocking five million bookings a month, according to a release.
Founded in 2019 and backed by Samsung Venture Investments, Nandan Nilekani Family Fund (NRJN), Omidyar Network, Bloom Ventures and Helion Venture Partners, the startup has raised nearly $30 million to date. in 2020, intracity 100 crore was raised in a single round led by Infosys non-executive chairman Nandan Nilekani.
With the increasing pace of vaccination and the easing of travel restrictions, IntrCity is seeing travellers’ confidence return to pre-pandemic levels for both leisure and non-holiday travel. With the current holiday and festive season, the region is witnessing a significant increase in intercity mobility bookings. During Gandhi Jayanti and Dussehra weekends, the intracity smartbus fleet was almost full, and the buses were operating at over 90% occupancy throughout the month of October.
on the development of the company, Kapil RaizadaCo-Founder, Intracity, said, “At Intercity Smartbus, we aim to use technology to deliver a superior experience to our customers. The growth in bookings reflects our customers’ confidence in the platform as well as the accelerated recovery of the industry. Epidemic. ”
The company’s flagship brand IntrCity Smartbus offers travel options around long distance routes, operating on 630+ routes across 16 states. Its partner brand, RailYatri, provides train travel information, serving over 14 million users every month.
The company is targeting to take its Smartbus fleet to 400 this year. The IntrCity operating system includes a suite of applications, such as operator dashboards, crew apps, consumer platforms, and IoT-based fleet analytics. The company offers a consumer intracity app for real-time tracking, sleeper beds, Wi-Fi-enabled lounges on buses and boarding points, as well as ETAs of destinations.