About Chalo
Chalo is a company based in Mumbai (India) founded in 2014 by Dhruv Chopra, Priya Singh, Mohit Dubey, and Vinayak Bhavnani. Chalo has raised $117.44 million across 10 funding rounds from investors including Xiaomi, BlackSoil and Lightrock. Chalo has completed 3 acquisitions, including Shuttl, Vogo and Vogo. Chalo operates in a competitive market with competitors including Townbus App, Ugoo, Zatri, BusRestro and WhereisMyBus, among others.
- Headquarter Mumbai, India
- Founders Dhruv Chopra, Priya Singh, Mohit Dubey, Vinayak Bhavnani
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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People of Chalo
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Funding Insights of Chalo
Chalo has successfully raised a total of $117.44M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $3.8 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Chalo
Chalo has secured backing from 21 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Xiaomi, BlackSoil and Lightrock.
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Private debt and equity funds are managed for technology sectors.
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Venture debt is provided to growth-stage companies for business scaling.
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Investment in growth-stage B2B and SaaS companies is facilitated through strategic support and funding.
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Investor details for Chalo
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Investments & Acquisitions by Chalo
Chalo has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Shuttl, Vogo and Vogo.
Investment portfolio details for Chalo
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of shared and private shuttle services for airport transportation and intra-regional travel
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On-demand scooter rentals are facilitated via mobile app in India.
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Motorcycle parts and accessories are manufactured by Vogo in Canada.
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Locked | Locked | 1986 | Locked |
Complete acquisition details for Chalo
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Financial Statements - Chalo
Detailed financials for Chalo
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Chalo Comparisons
Peer comparison for Chalo
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Competitors of Chalo
Chalo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Townbus App, Ugoo, Zatri, BusRestro and WhereisMyBus, among others.
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Offers TNSTC and MTC bus timings, routes, and Chennai transport services.
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Offers an online platform for on-demand intracity bus services focused on school transportation.
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Delivers an app-based platform for live bus transit tracking and management services.
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Provides a technology platform for food delivery, ticketing, and advertising tailored to bus travelers and businesses.
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Provides an online platform for real-time public transit information.
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Detailed competitors of Chalo
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Latest news on Chalo
Complete news archive for Chalo
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Frequently Asked Questions about Chalo
Chalo was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Chalo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mohit Dubey is the current CEO of Chalo. They have also founded this company.
Chalo is a funded company, having raised a total of $117.44M across 10 funding rounds to date.
Chalo was founded in 2014 in Mumbai, India, as an online platform in the transportation technology sector. Real-time bus location updates are provided through a mobile app, along with ticket and pass booking options. Digital smart cards are issued for seamless travel, and integration with city bus operators is maintained to enhance scheduling efficiency and minimize cash transactions. Operations focus on urban mobility solutions across India.
Chalo's top competitors include Townbus App, Zatri and WhereisMyBus.
Chalo has 21 investors. Key investors include Xiaomi, BlackSoil, Lightrock, Avataar Ventures, and Filter Capital.
The valuation of Chalo is $290M as of May 2023.