IntrCity SmartBus funding, investors and company details

IntrCity SmartBus is an emerging Travel and Tourism startup from Noida, working in the space of tech-enabled intercity bus platform offering a standardized, safe, and comfortable bus travel experience. Founded by Kapil Raizada, Manish Rathi.

Company: IndoRailBus Travel Private Limited
Sector: Travel and Tourism
Location: Noida
Founders: Kapil Raizada, Manish Rathi
Total funding raised: ₹287 Cr

Company overview

IntrCity SmartBus is India's leading tech-enabled intercity bus platform offering a standardized, safe, and comfortable bus travel experience across over 700 routes and 100 cities. Founded in 2019, it operates on an asset-light model by partnering with local bus operators and using proprietary technology like IoT sensors, CCTV, AI-based route optimization, and real-time bus tracking for safety and efficiency. The company serves around 700,000 passengers monthly with an expanding fleet and plans to reach deeper into tier 2 and tier 3 cities. IntrCity focuses on punctuality, cleanliness, high service standards, and delivering a reliable alternative to train travel. It has achieved profitability and aims for substantial growth and innovation in the intercity travel sector.

Funding rounds

Latest round (Series C): ₹37.00 Cr. ($ 4.46 Mn), 2024-02-29. Investors: Omidyar Network India, Ujamaa Ventures, Mirabilis Investment Trust
Past round (Series D): ₹250.00 Cr. ($ 25.83 Mn). Investors: A91 Partners