About Fresh Bus
Fresh Bus is a company based in Bengaluru (India) founded in 2019 by Sudhakar Reddy Chirra.. Fresh Bus has raised $14.51 million across 3 funding rounds from investors including Ixigo, Shell and Alteria Capital. Fresh Bus operates in a competitive market with competitors including Zingbus, NueGo and Khurana Travel, among others.
- Headquarter Bengaluru, India
- Founders Sudhakar Reddy Chirra
- Stage Minicorn
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Freshbus Private Limited
- Date of Incorporation 21 Jun, 2019
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$17.43 K (USD)0as on Mar 31, 2023
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Net Profit
$-254.78 K (USD)-1847.61as on Mar 31, 2023
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EBITDA
$-242.15 K (USD)-2599.73as on Mar 31, 2023
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Total Equity Funding
$14.51 M (USD)
in 3 rounds
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Latest Funding Round
$10.47 M (USD), Series A
Jul 12, 2024
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Investors
Ixigo
& 23 more
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Employee Count
Employee Count
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Funding Insights of Fresh Bus
Fresh Bus has successfully raised a total of $14.51M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $10.47 million completed in July 2024. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $10.5M
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First Round
First Round
(22 Nov 2022)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Fresh Bus | Valuation | Maniv Mobility , Saama Capital | |
| Oct, 2023 | Amount | Seed - Fresh Bus | Valuation |
investors |
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| Nov, 2022 | Amount | Seed - Fresh Bus | Valuation | Ixigo |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fresh Bus
Fresh Bus has secured backing from 24 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ixigo, Shell and Alteria Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech and offline focused VC firm investing in Israel and the US
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Founded Year | Domain | Location | |
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Venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments and partnerships in diverse sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fresh Bus
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fresh Bus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fresh Bus Comparisons
Competitors of Fresh Bus
Fresh Bus 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 Zingbus, NueGo and Khurana Travel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Intercity bus tickets are booked through a mobile app platform.
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| domain | founded_year | HQ Location |
Operates bus services for passenger transportation.
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| domain | founded_year | HQ Location |
An online platform offering bus transportation services for travelers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fresh Bus
Frequently Asked Questions about Fresh Bus
When was Fresh Bus founded?
Fresh Bus was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Fresh Bus located?
Fresh Bus is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Fresh Bus a funded company?
Fresh Bus is a funded company, having raised a total of $14.51M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3.14M, raised on Nov 22, 2022.
What is the annual revenue of Fresh Bus?
Annual revenue of Fresh Bus is $17.43K as on Mar 31, 2023.
What does Fresh Bus do?
Fresh Bus was established in 2019 in Bengaluru, India, as a provider in the transportation sector. Electric buses are utilized for intercity routes, emphasizing passenger comfort, security measures, and reduced environmental impact. Services are designed for reliable operations, including on-time scheduling, and are managed from the companys base in southern India to serve regional travel needs.
Who are the top competitors of Fresh Bus?
Fresh Bus's top competitors include Zingbus, NueGo and Khurana Travel.
Who are Fresh Bus's investors?
Fresh Bus has 24 investors. Key investors include Ixigo, Shell, Alteria Capital, Riverwalk Holdings, and IndigoEdge.
What is Fresh Bus's valuation?
The valuation of Fresh Bus is $12.37M as of Oct 2023.