Opting for public transport system has been a suggested way of reducing the global greenhouse emissions. Pioneering one such move in India is Shuttl, the start-up working its way to de-clutter India’s congested public transport system, via bus-aggregation. ANd the platform is seeing some phenomenal growth.
Shuttl, which is based out of Gurgaon, currently operates in the Delhi-NCR region. The service offers more than 15000 rides per day. The company, which claims to be the largest bus-aggregator in India, had launched a tech-enabled platform in April, 2015.
In a press release the company stated that it has crossed one million rides offered across the Delhi-NCR region. The start-up has amassed this feat in less than 194 days of its operations, and added that
From being an intra-city to a pan Delhi-NCR public transit service, Shuttl has seen massive transformation.
All this transition of commuters into the public transportation system has meant that over 4,700 cars are off the road, the company stated. This accounts to about 5 million Rupees worth of fuel saved each day.
The company also stated that when these numbers are tallied for the amount of greenhouse emitted by the vehicles, about 53,460 tonnes of carbon emissions has been reduced by this service till date.
In terms of the user percentage, about 50 percent of its users opt for the service to board a bus from Gurgaon. Over 33 percent of users happen to be from Noida, whereas 17 percent from Delhi and rest of NCR.
Amit Singh, Shuttl co-founder and CEO stated that,
It’s been a phenomenal ten months for the team. The public has embraced Shuttl beyond our expectations and the kind of growth we have achieved is remarkable. While we are excited about our performance to-date, there is much to be done in the coming months. Milestones like these are valuable but what really brings us joy is to see how we’re all waking up to the power that rests in our hands – the power to lead our cities to a healthier future by commuting wisely.
The company has managed to impress the likes of Sequoia Capital and Angel investors, which have seed funded the start-up in the first round of investment. The investment capital was used by Shuttl to expand its service and bring more than 500 buses to the platform.
When a user books a Shuttl, the service generates an e-ticket, confirming a seat in the ride.
The increasing traffic woes and pollution has led to the birth of Shuttl as a greener and smarter transport alternative,
stated the company.
Shuttl offer services in more than 60 routes, connecting Delhi, Gurgaon, Noida, Faridabad and Ghaziabad region. The start-up aims to become the Ola for office commuters, who prefer commuting through a bus instead of a private cab.
The platform has also been involved with Gurgaon police’s Car Free Tuesday initiative to propel people into choosing a public transport, not only to save cost but also reduce the greenhouse gas emissions.
Shuttl recently grabbed a massive $20 Million round, from the likes of Lightspeed Ventures, Sequoia and Times Internet. The company is now looking to further strengthen its technology as well as expand its business to other regions of the nation.