About Shuttl
Shuttl is a company based in Gurugram (India) founded in 2015 was acquired by Chalo in October 2021. Shuttl has raised $106.11 million across 12 funding rounds from investors including Chalo, Times Internet and Motherson. The company has 2 employees as of April 09, 2024.
- Headquarter Gurugram, India
- Employees 2 as on 09 Apr, 2024
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Super Highway Labs Private Limited
- Date of Incorporation 10 Apr, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$283.09 K (USD)-95.31as on Mar 31, 2023
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Net Profit
$4.88 K (USD)-99.41as on Mar 31, 2023
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EBITDA
-$277.72 K (USD)93.77as on Mar 31, 2023
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Total Equity Funding
$106.11 M (USD)
in 12 rounds
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Latest Funding Round
$3.34 M (USD), Series C
Feb 18, 2020
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Investors
Chalo
& 27 more
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Employee Count
2
as on Apr 09, 2024
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Acquired by
Chalo
(Oct 26, 2021)
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Funding Insights of Shuttl
Shuttl has successfully raised a total of $106.11M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $3.34 million completed in February 2020. 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 Shuttl
Shuttl has secured backing from 28 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Chalo, Times Internet and Motherson.
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Venture capital firm focused on seed and late stage investments
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Early-stage technology companies are funded by this venture capital firm.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Investor details for Shuttl
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Investments & Acquisitions by Shuttl
Investment portfolio details for Shuttl
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Financial Statements - Shuttl
Detailed financials for Shuttl
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Shuttl Comparisons
Peer comparison for Shuttl
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Competitors of Shuttl
Detailed competitors of Shuttl
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Latest news on Shuttl
Complete news archive for Shuttl
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Frequently Asked Questions about Shuttl
Shuttl was founded in 2015.
Shuttl is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Shuttl is a funded company, having raised a total of $106.11M across 12 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Shuttl is 2.
Annual revenue of Shuttl is $283.09K as on Mar 31, 2023.
Founded in 2015 and based in Gurugram, India, operations in the transportation sector are conducted through shared and private shuttle services for airport transfers and intra-regional journeys. Scheduled routes linking residential areas to employment hubs are maintained with a bus fleet. Technology is employed to handle route planning, scheduling, and passenger reservations. Congestion relief and affordable options to private cars are facilitated in urban settings.
Shuttl has 28 investors. Key investors include Chalo, Times Internet, Motherson, Lightspeed Venture Partners, and Toyota Tsusho.
The valuation of Shuttl is $174.81M as of Mar 2019.