About YoloBus
YoloBus is a company based in Gurugram (India) founded in 2019 by Mukul Shah was acquired by EaseMyTrip in December 2021.. YoloBus has raised $4.1 million across 2 funding rounds from investors including Angel List, EaseMyTrip and Wellfound. The company has 1 employees as of March 24, 2024. YoloBus offers products and services including Bus Ticket Booking and YoloBus App. YoloBus operates in a competitive market with competitors including redBus, IntrCity SmartBus, Cityflo, AbhiBus and ApniBus, among others.
- Headquarter Gurugram, India
- Employees 1 as on 24 Mar, 2024
- Founders Mukul Shah
- 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 Combinator Venture India Private Limited
- Date of Incorporation 07 Dec, 2018
- Jurisdiction Faridabad, Haryana, India
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Annual Revenue
$591.07 K (USD)383.71as on Mar 31, 2023
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Net Profit
$30.7 K (USD)106.24as on Mar 31, 2023
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EBITDA
$44.85 K (USD)108.77as on Mar 31, 2023
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Total Equity Funding
$4.1 M (USD)
in 2 rounds
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Latest Funding Round
$3.3 M (USD), Series A
Jun 08, 2020
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Investors
Angel List
& 28 more
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Employee Count
1
as on Mar 24, 2024
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Acquired by
EaseMyTrip
(Dec 16, 2021)
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Products & Services of YoloBus
YoloBus offers a comprehensive portfolio of products and services, including Bus Ticket Booking and YoloBus App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for reserving inter-city bus seats via app or website
App for booking tickets and tracking bus rides in real-time
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Leadership Team
2 people
Software Development Team
2 people
Sales and Marketing
2 people
Node Team
1 people
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Funding Insights of YoloBus
YoloBus has successfully raised a total of $4.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.3 million completed in June 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $3.3M
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First Round
First Round
(23 Dec 2019)
- Investors Count 28
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series A - YoloBus | Valuation | Nexus Venture Partners | |
| Dec, 2019 | Amount | Seed - YoloBus | Valuation | Rebright Partners |
| 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 YoloBus
YoloBus has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, EaseMyTrip and Wellfound. 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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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Investment in Indian startups across technology and fintech sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital firm focusing on Asia regions.
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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 YoloBus
| 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 - YoloBus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Yolobus Comparisons
Competitors of YoloBus
YoloBus 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, Cityflo, AbhiBus and ApniBus, 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 |
Bus tickets are booked online via portal and mobile app.
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| domain | founded_year | HQ Location |
Sleeper bus tickets are provided via an online booking platform.
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| domain | founded_year | HQ Location |
App-based air-conditioned bus services for office commutes are provided.
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| domain | founded_year | HQ Location |
Transportation tickets and accommodations are booked via an online platform.
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| domain | founded_year | HQ Location |
Online bus ticket booking and intercity travel services are provided.
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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 Yolobus
Frequently Asked Questions about YoloBus
When was YoloBus founded?
YoloBus was founded in 2019.
Where is YoloBus located?
YoloBus is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is YoloBus a funded company?
YoloBus is a funded company, having raised a total of $4.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Dec 23, 2019.
How many employees does YoloBus have?
As of Mar 24, 2024, the latest employee count at YoloBus is 1.
What is the annual revenue of YoloBus?
Annual revenue of YoloBus is $591.07K as on Mar 31, 2023.
What does YoloBus do?
YoloBus was founded in 2019 and is headquartered in Gurugram, India. An online platform is operated for intercity bus travel, where routes are selected, pickup and destination points are chosen, travel dates are specified, and bookings are completed through digital payments. The service is accessible via a mobile app available on iOS and Android devices, supporting travelers across India.
Who are the top competitors of YoloBus?
What products or services does YoloBus offer?
YoloBus offers Bus Ticket Booking and YoloBus App.
Who are YoloBus's investors?
YoloBus has 29 investors. Key investors include Angel List, EaseMyTrip, Wellfound, Nexus Venture Partners, and India Quotient.
What is YoloBus's valuation?
The valuation of YoloBus is $10.04M as of Jun 2020.