Series B - IntrCity

Series B - IntrCity

Investment Firm

Overview

Today’s tech-savvy Millennial consumers in both metro & tier-2 cities have grown using Ola, Uber Apps for mobility and have a low tolerance for subpar digital experiences. Consumers are increasingly demanding ease of use, cashless/ contactless digital customer services along with superior on-ground experience which can only be provided by connecting these by technology. Our platform provides seamless intercity travel via the \only two real alternative modes - Buses & Trains. IntrCity SmartBus promises comfort, safety, and punctuality to our travelers. We accomplish these goals with defined quality standards, standardized bus configurations, and powered by our proprietary mobility technology.

Announced Date

Feb 24, 2020

Funding Type

Series B

Highlights

Location

India, Asia

Social

Investor Lead

Samsung Venture Investment

Samsung Venture Investment

Samsung Venture Investment is a early_stage_venture and late_stage_venture firm.

Participant Investors

4

Investor Name
Participant InvestorSamsung Venture Investment
Participant InvestorNandan Nilekani
Participant InvestorBlume Ventures
Participant InvestorOmidyar Network

Round Details and Background

IntrCity raised $14285714 on 2020-02-24 in Series B

Today’s tech-savvy Millennial consumers in both metro & tier-2 cities have grown using Ola, Uber Apps for mobility and have a low tolerance for subpar digital experiences. Consumers are increasingly demanding ease of use, cashless/ contactless digital customer services along with superior on-ground experience which can only be provided by connecting these by technology. Our platform provides seamless intercity travel via the \only two real alternative modes - Buses & Trains. IntrCity SmartBus promises comfort, safety, and punctuality to our travelers. We accomplish these goals with defined quality standards, standardized bus configurations, and powered by our proprietary mobility technology.

Company Funding History

8

Announcment DateTransaction NameNumber Of InvestorsLead InvestorMoney Raised
May 17, 2017
Non Equity Assistance - IntrCity
1-50.0K
Apr 27, 2018
Series B - IntrCity
4-8.0M
Feb 24, 2020
Series B - IntrCity
4-14.3M
Feb 29, 2024
Series C - IntrCity
4-4.5M

Recent Activity

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