Total amount raised
Undisclosed
Latest funding date
8/1/2022
Location
ApniBus has successfully raised significant funding over multiple rounds, establishing itself as a key player in the online bus ticket booking industry. The platform offers a comprehensive service, including trip ratings, pass purchases, and user account management.
Keep reading to explore the intricacies of ApniBus's fundraising journey and the investors backing this innovative platform.
What Is ApniBus?
ApniBus is an online platform that simplifies bus ticket booking, offering extensive routes and promotional discounts. Founded in Gurugram, Haryana, the company partners with RSRTC to provide services across Rajasthan.
While the exact founding year and the names of the founders are not publicly disclosed, ApniBus operates from Tower B4, SPAZE ITECH PARK, Sector 49, Gurugram. The platform is designed to make bus travel more accessible and convenient for users.
ApniBus's team size remains unspecified, but the company continues to grow, focusing on enhancing user experience and expanding its service offerings.
How Much Funding Has ApniBus Raised?
- Pre-Seed Round
- Amount Raised: Undisclosed
- Date: August 2022
- Lead Investors: Antler India
- Motivation Behind the Round: To transform the tier-3 and tier-4 intercity travel market, which is currently underserved and not digitized.
ApniBus has raised a total of undisclosed in funding. The current valuation is undisclosed.
Key Investors
- Antler India
- Details: Antler India is a venture capital firm that led the pre-seed funding round for ApniBus. They focus on supporting early-stage startups with a global presence.
- Investment Focus Areas: Technology, Consumer Goods, Fintech
- Notable Investments: BookMyShow, UrbanClap, Rapido
- GoodWater Capital
- Details: GoodWater Capital is a venture capital firm that participated in the pre-seed funding round for ApniBus. They specialize in consumer technology investments.
- Investment Focus Areas: Consumer Technology, E-commerce, Healthtech
- Notable Investments: Facebook, Spotify, Twitter
- Niraj Singh
- Details: Niraj Singh is an angel investor who participated in the funding round for ApniBus. He is known for his investments in various tech startups.
- Investment Focus Areas: Technology, Fintech, E-commerce
- Notable Investments: Spinny, Zomato, Ola
- Asish Mohapatra
- Details: Asish Mohapatra is an angel investor involved in the funding round for ApniBus. He has a background in finance and technology investments.
- Investment Focus Areas: Fintech, SaaS, Healthtech
- Notable Investments: OfBusiness, BlackBuck, Moglix
What's Next for ApniBus?
ApniBus is poised to capitalize on the vast, untapped intercity travel market in tier-3 and tier-4 cities. With over 30 million daily commuters and 95% of buses yet to be digitized, the opportunity is immense. The company aims to provide real-time information on bus schedules and prices, enhancing the travel experience for millions.
As ApniBus scales its operations, future fundraising rounds are likely. The rapid growth in monthly transactions and expansion to more cities could attract further investment. However, challenges such as digitizing an unorganized market and ensuring technology adoption by commuters and operators remain significant hurdles.
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