Bangalore: constitution bus carrier company Limo, owned by way of Raftaar technology Pvt. Ltd, has raised $1 million from Rainmaker Ventures, the employer stated in a announcement on Wednesday.
Raftaar technologies had earlier raised a seed round from India Quotient and angel investor Anupam Mittal,amongst others.
founded in 2015 by way of Siddharth Sharma, Anshul Khandelwal and Vivek Choksi, the organisationclaims to have facilitated greater than three lakh rides on the grounds that inception.
“At Limo, we were clean that we desired to make a bus provider that might be as secure and convenientas your car at a fraction of the fee. With extra than 3 lakh rides served and with more than half of the passengers having given up the use of their automobiles to attain office, Limo is proving every day that buses, while finished right, may be the solution to many commuters woes,” said Siddharth Sharma, co-founder, Limo.