Fresh Bus - About the company
Fresh Bus is a series A company based in Bengaluru (India), founded in 2019 by Sudhakar Chirra Reddy and Sudhakar Reddy Chirra. It operates as an Operator of intercity bus services using electric vehicle transport fleets. Fresh Bus has raised $15.6M in funding from investors like Ixigo, Maniv Mobility and Saama, with a current valuation of $*****. The company has 27 active competitors, including 2 that are funded. Its top competitors include companies like Zingbus, NueGo and EveyTrans.
Company Details
Operator of intercity bus services using electric vehicle transport fleets. These services provide scheduled passenger transportation between cities using battery-powered vehicles. The business manages booking systems for seat reservations and maintains infrastructure for vehicle charging and passenger boarding. Operations include the deployment of buses equipped with seating and climate control systems to facilitate travel between designated transit points.
- Website
- www.freshbus.com/
- Social
- Email ID
- *****@freshbus.com
- Phone Number
- +91 **********
- Registered Address
- No.28/23/223/99C, Ward 160, Rajarajeswari Negara Ward O&M18, Rajarajeshwarinagar, Bangalore, Bangalore South, Karnataka, India, 560098
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Series A
Total Funding
$15.6M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 30, 2026
Ranked
2nd among 27 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
242 as on Aug 31, 2025
Legal entities associated with Fresh Bus
Fresh Bus is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FRESHBUS PRIVATE LIMITED CIN: U63030KA2019PTC125473 , India, Active | Jun 21, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 242 (As on Aug 01, 2025) |
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Fresh Bus's funding and investors
Fresh Bus has raised a total funding of $15.6M over 4 rounds. Its first funding round was on Nov 22, 2022. Fresh Bus has 11 institutional investors and 15 angel investors.
Here is the list of recent funding rounds of Fresh Bus:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 30, 2026 | 7576157 | Series A | 8232030 | 6833843 | 1469002 | 4934881 |
Jul 12, 2024 | 7669822 | Series A | 7798258 | 1983857 | 3347069 | |
Oct 16, 2023 | 5330385 | Seed | 1346838 | 8231131 | 8073392 |
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Fresh Bus' founders and board of directors
Founder? Claim ProfileThe founders of Fresh Bus are Sudhakar Chirra Reddy and Sudhakar Reddy Chirra.
Here are the details of Fresh Bus' key team members:
- Sudhakar Chirra Reddy: Founder, Chief Electric Officer of Fresh Bus and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Sudhakar Reddy Chirra: Founder & Chief Electric Officer of Fresh Bus. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address
Fresh Bus' Board of Directors
Fresh Bus's board has 3 active members. Sudhakar Reddy Chirra is part of team and Puneet Aggarwal and Srinivas Pinisetti are independent board members.Here is the list of Fresh Bus' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
bqwnhto | Team | - | Past | 5y 3m |
Independent board member | - | Current | 2y 3m | |
euurndk | Independent board member | - | Current | 4y 4m |
View details of Fresh Bus's Founder profiles and Board Members
Fresh Bus' employee count trend
Fresh Bus has 242 employees as of Aug 25. The total employee count is 11.0% more than what it was in Aug 24. Here is Fresh Bus's employee count trend over the years:
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Fresh Bus's Competitors and alternates
Top competitors of Fresh Bus include Zingbus, NueGo and EveyTrans. Here is the list of Top 10 competitors of Fresh Bus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of an online platform for booking bus transportation tickets | $16.4M | 80/100 | ||
2nd | Operator of intercity bus services using electric vehicle transport fleets | $15.6M | 73/100 | ||
3rd | Operator of buses | - | - | 48/100 | |
4th | Operator of electric bus transportation | - | - | 40/100 | |
5th | Orange Tours & Travels 2011, Hyderabad (India), Unfunded | Online platform to discover & book bus tickets | - | - | 35/100 |
6th |  Safar Express Tour and Travels 2011, Delhi (India), Unfunded | App-based inter-city bus tickets booking platform | - | - | 28/100 |
7th |  Sri Krishna Travels 2012, Ongole (India), Unfunded | App-based intercity bus tickets booking platform | - | - | 26/100 |
8th | Developer of AI-powered intercity bus global distribution system and EV logistics | - | - | 24/100 | |
9th |  Khurana Travel 1990, India, Unfunded | Online travel platform offering bus transportation services | - | - | 24/100 |
10th |  Aradhana Travels 2024, Indore (India), Unfunded | Bus operator providing passenger transportation and cargo services | - | - | 21/100 |
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Fresh Bus's Latest cap tables and shareholding
Funds (largest shareholder) own 32.39%, Parent Entities own 24.57%, Enterprises own 20.93% and Angels own 4.75%.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Fund | 32.39% | 111Cr | 1895542 | 7475086 | 4657520 | 4040437 |
9782860 | 9391055 | 5421626 | 8544211 | 9691707 | 2987194 | |
Parent Entity | 24.57% | 84Cr | 9413452 | 9868814 | 1519057 | 1572566 |
Enterprise | 20.93% | 71.6Cr | 7989134 | 3602268 | 4697622 | 7375247 |
Angel | 4.75% | 16.2Cr | 8156 | 1364 | 5618 | 8788 |
ESOP Pool | 17.36% | 59.4Cr | 3501859 | 2284730 | 8372244 | 8476444 |
Total | 100.00% | 342Cr | 6852848 | 7275009 | 4087675 | 1661121 |
To unlock detailed Cap Table of Fresh Bus Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Fresh Bus's Shareholding
Fresh Bus's Investments and acquisitions
Fresh Bus has made no investments or acquisitions yet.
Reports related to Fresh Bus
Here is the latest report on Fresh Bus's sector:
News related to Fresh Bus
Filter this listMedia has covered Fresh Bus for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
Fresh Bus and Charge Zone Expand Partnership to Deploy 400 Additional Electric BusesElectronicsforyou•Aug 18, 2026•Fresh Bus
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Fresh Bus and Exponent Energy Launch the First All-Sleeper Electric Bus Fleet with Rapid ChargingAsian News International•Jan 20, 2026•Fresh Bus, Exponent Energy
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Fresh Bus Launches Affordable Travel Initiative with Fresh CardBusinessnewsthisweek•Mar 13, 2025•Fresh Bus
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Shell Ventures Leads $10.5M Investment in India’s FreshBus, Signaling Major Boost for Electric MobilityEMobility+•Aug 19, 2024•Shell, Maniv Mobility, Riverwalk Holdings, Alteria Capital and 1 other
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Fresh Bus Attracts Rs 87.5 Crore In Funding To Boost Green TransportationEMobility+•Aug 14, 2024•Fresh Bus, Maniv Mobility, Shell, Alteria Capital and 1 other
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Fresh Bus Secures $10.5 Mn Series A Funding RoundViestories•Aug 14, 2024•Fresh Bus, Maniv Mobility, Ixigo, Shell and 2 others
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Fresh Bus Raises Inr 43.6 Cr In Series A Funding RoundViestories•Jul 18, 2024•Fresh Bus, Maniv Mobility, Riverwalk Holdings, Saama
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FreshBus Targets 100 Crore Funding in Series-A Round for Sustainable Inter-City Electric-Bus ConnectivityStartup Story•Dec 16, 2023•Fresh Bus, AbhiBus
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FreshBus has raised INR 7.5 Cr in seed funding round from a host of angel investorsEnablers•Nov 01, 2023•Fresh Bus
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