Yolobus raises $3.3 mn in Series A funding; to focus on hygiene, safety

Yolobus, an intercity bus service startup, has raised $3.3 million in a Series-A funding round led by Nexus Venture Partners. India Quotient too participated in the funding.

The investment brings Yolobus’ total funding since launching its smart intercity bus services in India to $4.1 million.

The funds raised will be used to double down its investments across technology, customer and crew safety and sanitisation and territory expansion plans.

Having the financial support and business expertise of NexusVenture Partners and India Quotient will help us execute our vision faster and better, said Yolobus Founder & CEO, Shailesh Gupta. We are also strategising to bring