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Chalo - About the company

Chalo is a series D company based in Mumbai (India), founded in 2014 by Nikhil Aggarwal, Mohit Dubey, Priya Singh and Dhruv Chopra. It operates as an Online platform offering app‑based bus tracking and ticketing services. Chalo has raised $117M in funding from investors like Lightrock, The Raine Group and Shunwei Capital, with a current valuation of *****. The company has 842 active competitors, including 38 funded and 44 that have exited. Its top competitors include companies like Citymapper , Cubic and HopOn.

Company Details

Online platform offering app‑based bus tracking and ticketing services. It provides real-time location updates, ticket and pass booking features, and digital smart cards for convenient travel. The system integrates with city bus operators to optimize scheduling and reduce cash handling.
Website
chalo.com
Social
XFacebook
Email ID
*****@chalo.com
Registered Address
10 ANSON ROAD #27-15 INTERNATIONAL PLAZA SINGAPORE 079903
Key Metrics
Founded Year
2014
Location
Mumbai, India
Stage
Series D
Total Funding
$117M in 10 rounds
Latest Funding Round
Post Money Valuation
***** as on Jun 09, 2023
Investors
Ranked
Annual Revenue
$10M - $50M as on Mar 31, 2024
Employee Count
206 as on Jun 30, 2025
Investment & Acquisitions
Similar Companies
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Chalo's funding and investors

Chalo has raised a total funding of $117M over 10 rounds. Its first funding round was on Oct 29, 2015. Its latest funding round was a Series D round on May 30, 2025 for $*****. 1 investor participated in its latest round. Chalo has 35 institutional investors and 35 angel investors.

Here is the list of recent funding rounds of Chalo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 30, 2025
7716349
Series D
5488657
3093572
5615370
4691788
May 30, 2025
1205155
Conventional Debt
4136803
4137741
8421132
May 22, 2023
2451064
Series D
1167067
4436232
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Chalo's founders and board of directors

Founder? Claim Profile
The founders of Chalo are Nikhil Aggarwal, Mohit Dubey, Priya Singh and Dhruv Chopra. Mohit Dubey is the CEO of Chalo.
Here are the details of Chalo's key team members:

Chalo's Board of Directors

Chalo's board has 8 active members. Mohit Dubey, Priya Singh and Vinayak Bhavnani are part of team and Kheterpal Manish, Thangadurai George, Gulati Prashant Kumar, Vyas Kshama Amar and Deshpande Neil are independent board members.
Here is the list of Chalo's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 8m
Team
-
Current
5y 7m
Team
-
Current
11y 6m
s{falbf
Team
-
Past
9y 8m
Independent board member
-
Current
7y 8m
oliolfy
Independent board member
-
Current
2y 4m
hxxv{{{
Independent board member
-
Current
8y 6m
gu{qstu
Independent board member
-
Current
2y 2m
glznk{b
Independent board member
-
Current
4y 3m
lvgfaqw
Independent board member
-
Past
5y 1m
hbkxxor
Independent board member
-
Past
7y 1m
ahzfbo{
Independent board member
-
Past
4y 2m
ekqmgpe
Independent board member
-
Past
8y 8m
gbfqqjp
Independent board member
-
Past
3y 5m

Chalo's employee count trend

Chalo has 206 employees as of Jun 25. The total employee count is 2.0% more than what it was in Jun 24. Here is Chalo's employee count trend over the years:
Employee count trend for Chalo
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Chalo's Competitors and alternates

Top competitors of Chalo include Citymapper , Cubic and HopOn. Here is the list of Top 10 competitors of Chalo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Chalo
Chalo
2014, Mumbai (India), Series D
Online platform offering app‑based bus tracking and ticketing services
$117M
75/100
2nd
Logo for Citymapper
Citymapper
2011, London (United Kingdom), Acquired
App-based platform offering route planning & transit information for commuters
$60M
74/100
3rd
Logo for Cubic
Cubic
1951, San Diego (United States), Acquired
Provider of integrated solutions for public transportation and defence sectors
-
63/100
4th
Logo for HopOn
HopOn
2013, Tel Aviv (Israel), Series B
Saas-enabled mobility-as-a-service & data collection solution for public transit operators
$10.7M
62/100
5th
Logo for First Bus
First Bus
1875, Aberdeen (United Kingdom), Acquired
Operator of transportation services, including timetables, tickets, and journey planning
-
59/100
6th
Logo for Easybook
Easybook
2005, Singapore (Singapore), Series C
Online-based platform for booking travel tickets and accommodation
$8.5M
58/100
7th
Logo for Transit
Transit
2013, Montreal (Canada), Series B
App-based platform offering trip planning services
$24.9M
58/100
8th
Logo for Trainman
Trainman
2014, Gurugram (India), Acquired
App-based platform to check PNR status and view railway information
$1.14M
58/100
9th
Logo for Rail Europe
Rail Europe
1932, Paris (France), Funding Raised
Online-based platform for planning and booking train journeys
-
58/100
10th
Logo for Ubirider
Ubirider
2017, Porto (Portugal), Seed
Public transport app for tickets and timetables
$1.95M
57/100
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Chalo's Investments and acquisitions

Chalo has acquired 3 companies including Vogo, Vogo and Shuttl. Chalo has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 29, 2022
Acquisition
1986
Waterloo (Canada)
Mar 28, 2022
Acquisition
2015
Bengaluru (India)
Oct 26, 2021
Acquisition
2015
Gurugram (India)
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See all acquisitions by Chalo

Reports related to Chalo

Here is the latest report on Chalo's sector:

News related to Chalo

lockFilter this list
Media has covered Chalo for a total of 5 events in the last 1 year, 3 of them have been about company updates.
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FAQs about Chalo

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