About Cityflo
Cityflo is a company based in Thane (India) founded in 2015 by Rushabh Shah, Sankalp Kelshikar, Ankit Agrawal, Jerin Venad, and Ashok Agrawal. Cityflo has raised $14.92 million across 9 funding rounds from investors including LetsVenture, Alteria Capital and India Quotient. The company has 111 employees as of March 30, 2024. Cityflo offers products and services including Cityflo App, Single Ride, and LITE Pack. Cityflo operates in a competitive market with competitors including redBus, IntrCity SmartBus, Omio, AbhiBus and YoloBus, among others.
- Headquarter Thane, India
- Employees 111 as on 30 Mar, 2024
- Founders Rushabh Shah, Sankalp Kelshikar, Ankit Agrawal, Jerin Venad, Ashok Agrawal
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Komorebi Tech Solutions Private Limited
- Date of Incorporation 22 Jun, 2015
- Jurisdiction Thane West, Maharashtra, India
-
Annual Revenue
$5.1 M (USD)122.7as on Mar 31, 2023
-
Net Profit
-$1.77 M (USD)24.39as on Mar 31, 2023
-
EBITDA
-$1.77 M (USD)20.52as on Mar 31, 2023
-
Total Equity Funding
$14.92 M (USD)
in 9 rounds
-
Latest Funding Round
$1.96 M (USD), Series B
Oct 18, 2023
-
Investors
LetsVenture
& 39 more
-
Employee Count
111
as on Mar 30, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Cityflo
Cityflo offers a comprehensive portfolio of products and services, including Cityflo App, Single Ride, and LITE Pack.
App for booking and tracking AC bus rides for office commutes
On-demand bus ride option for one-time office travel
Package offering multiple rides at discounted rates for commuters
Funding Insights of Cityflo
Cityflo has successfully raised a total of $14.92M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $1.96 million completed in October 2023. 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 Cityflo
Cityflo has secured backing from 40 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include LetsVenture, Alteria Capital and India Quotient.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital fund focused on early-stage startups
|
Locked | Locked | Locked | |
|
Venture capital investments are directed toward India's consumption market businesses.
|
Locked | Locked | Locked | |
|
Investment in Indian startups across technology and fintech sectors.
|
Locked | Locked | Locked |
Investor details for Cityflo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Cityflo
Investment portfolio details for Cityflo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Cityflo
Detailed financials for Cityflo
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Cityflo Comparisons
Peer comparison for Cityflo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Cityflo
Cityflo 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 redBus, IntrCity SmartBus, Omio, AbhiBus and YoloBus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Bus tickets are booked online via portal and mobile app.
|
|
| Locked | Locked | Locked |
Sleeper bus tickets are provided via an online booking platform.
|
|
| Locked | Locked | Locked |
App-based platform for booking transport services
|
|
| Locked | Locked | Locked |
Transportation tickets and accommodations are booked via an online platform.
|
|
| Locked | Locked | Locked |
Intercity bus services are booked via an online platform.
|
Detailed competitors of Cityflo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Cityflo
Complete news archive for Cityflo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cityflo
Cityflo was founded in 2015.
Cityflo is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Jerin Venad is the current CEO of Cityflo. They have also founded this company.
Cityflo is a funded company, having raised a total of $14.92M across 9 funding rounds to date.
As of Mar 30, 2024, the latest employee count at Cityflo is 111.
Annual revenue of Cityflo is $5.1M as on Mar 31, 2023.
Provider of app-based AC bus services for office commutes. The service offers scheduled routes with pre-booked seating, allowing users to select their pickup and drop-off points. Riders can choose from various flexible plans to suit their commuting needs, including single rides and weeklymonthly passes. The buses are air-conditioned and designed for comfortable travel. The service includes features such as ride rescheduling and cancellation options. The aim is to provide a convenient and efficient alternative to private car commutes.
Cityflo offers Cityflo App, Single Ride, and LITE Pack.
Cityflo has 40 investors. Key investors include LetsVenture, Alteria Capital, India Quotient, Prasanna Purple, and Radha Madhav Trust.
The valuation of Cityflo is $45.15M as of Nov 2022.