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Shuttl

shuttl.com

Founded Year

2015

Stage

Acquired | Acquired

Total Raised

$95.8M

Revenue

$0000 

About Shuttl

Shuttl is a bus aggregating platform offering shuttle bus service to its commuters in cities like Noida and Gurgaon. The platform offers services such as buses, reserved seats, flexibility in timing, and economic viability. On October 26th, 2021, Shuttl was acquired by Chalo. Terms of the transaction were not disclosed.

Headquarters Location

610, B-3/B-4, Spaze iTech Park, Sector-49 Sohna Road

Gurgaon, 122018,

India

+91 0120-476-0000

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Research containing Shuttl

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Shuttl in 2 CB Insights research briefs, most recently on Jan 18, 2022.

Expert Collections containing Shuttl

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Shuttl is included in 2 Expert Collections, including Smart Cities.

S

Smart Cities

2,078 items

M

Mobility-as-a-Service

608 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

Latest Shuttl News

06:45 ET Corporate Employee Transportation Service Global Market Report 2022

Dec 23, 2022

News provided by Share this article Share this article This report provides strategists, marketers and senior management with the critical information they need to assess the global corporate employee transportation service market. The global corporate employee transportation service market is expected to grow from $26.71 billion in 2021 to $28.73 billion in 2022 at a compound annual growth rate (CAGR) of 7.5%. The corporate employee transportation service market is expected to reach $35.86 billion in 2026 at a CAGR of 5.7%. Reasons to Purchase Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies. Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates. Create regional and country strategies on the basis of local data and analysis. Identify growth segments for investment. Outperform competitors using forecast data and the drivers and trends shaping the market. Understand customers based on the latest market research findings. Benchmark performance against key competitors. Utilize the relationships between key data sets for superior strategizing. Suitable for supporting your internal and external presentations with reliable high quality data and analysis Major players in the corporate employee transportation service market are Busbank, Transdev, Prairie Bus Line Limited, Move-In-Sync, First Class Tours, Janani Tours, Shuttl, Eco rent a car, Sun Telematics, WeDriveU Inc., Acciva Travels, FnA Bus Charter, GO Riteway, Betterez, GOGO Charters, WTI Cabs, KTC India, GOGO Charters, Smart24x7, Acciva Travels, FnA Bus Charter, GO Riteway, Betterez, and Arcab. The corporate employee transportation service market consists of sales of the corporate employee transportation service by entities (manufacturers, dealers, sole traders, and partnerships) that are used to help companies organize travel arrangements for their employees. Employee transport services are those that transportation companies offer so that the company can transport its employees simply and safely from one location to another. By providing transportation services to all employees, there will be no more standing in taxi lines or bus lines, which increases employee productivity. Employee transportation services are used by businesses, which makes the employees happy because they don't have to worry about getting public transportation. The main types of ownerships of corporate employee transportation services are company-owned transportation services, outsourced transportation services, rentals, and pick and drop transportation services. The company-owned transportation service is used in transportation services for employee travel that are owned by the company. The company-owned transportation refers to the transportation vehicles that are owned or purchased by the company for the sake of offering transportation to its employees. The passenger vehicle used in corporate employee transportation services include cars, vans, and buses. The services offered by corporate employee transportation services providers include mobility as a service (MAAS) and software as a service (SAAS). Asia Pacific was the largest region in the corporate employee transportation service market in 2021. The regions covered in the corporate employee transportation service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The corporate employee transportation service market research report is one of a series of new reports that provides corporate employee transportation service market statistics, including corporate employee transportation service industry global market size, regional shares, competitors with a corporate employee transportation service market share, detailed corporate employee transportation service market segments, market trends and opportunities, and any further data you may need to thrive in the corporate employee transportation service industry. This corporate employee transportation service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. Growing corporate office presence in the Asia Pacific region is expected to propel the growth of the corporate employee transportation services market going forward. A corporation's main place of business is regarded as a corporate office. Corporate employee transportation services provide transportation services for the employees working in the corporate offices, as a result, the growing corporate office increases the demand for the corporate employee transportation services market. For instance, in 2022, according to the economic Times Indian-based newspaper, In the first quarter, the top eight cities added 11.9 million square feet (sq ft) of new office space, up 13% from the same period last year. Bengaluru recorded new completions of 2.5 million sq ft, which was the second biggest volume addition for the quarter. Pune led all markets with new supply additions of 3.6 million sq ft, an increase of 107% on the year. Therefore, increasing corporate office presence in the Asia Pacific region is expected to boost demand for corporate transportation services during the forecast period. Technological advancements have emerged as a key trend gaining popularity in the corporate employee transportation service market. Major companies operating in the corporate employee transportation service market are adopting new technological solutions to sustain their position. With the use of traveler monitoring technology, the company, as well as the provider, may track and contact employees in an emergency with one click. Agents can manage fewer invoices and data sources by using virtual payments to store all trip information in one location. In October 2021, Online bus ticketing startup Chalo has acquired Shuttl, for an undisclosed amount. With this acquisition, Due to Shuttl's existing presence in Bangkok and the ability to reach sizable Indian metropolises where Chalo has not yet established a footprint, the acquisition allows Chalo to move forward with its international expansion objectives more quickly. Shuttl, an Indian-based bus aggregator for office commute. The countries covered in the corporate employee transportation service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. Key Topics Covered: Pick and Drop Transportation Service 6.2. Global Corporate Employee Transportation Service Market, Segmentation By Passenger Vehicle Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion Cars Bus 6.3. Global Corporate Employee Transportation Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion Mobility as a Service (MaaS) Software as a Service (SaaS) 7. Corporate Employee Transportation Service Market Regional And Country Analysis 7.1. Global Corporate Employee Transportation Service Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion 7.2. Global Corporate Employee Transportation Service Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion For more information about this report visit https://www.researchandmarkets.com/r/3ibhd9 Media Contact:

Shuttl Frequently Asked Questions (FAQ)

  • When was Shuttl founded?

    Shuttl was founded in 2015.

  • Where is Shuttl's headquarters?

    Shuttl's headquarters is located at 610, B-3/B-4, Spaze iTech Park, Sector-49, Gurgaon.

  • What is Shuttl's latest funding round?

    Shuttl's latest funding round is Acquired.

  • How much did Shuttl raise?

    Shuttl raised a total of $95.8M.

  • Who are the investors of Shuttl?

    Investors of Shuttl include Chalo, Sojitz Ventures, Compound, Sequoia Capital India, Lightspeed India Partners and 21 more.

  • Who are Shuttl's competitors?

    Competitors of Shuttl include ZipGo and 1 more.

Compare Shuttl to Competitors

R
Raftaar Technologies

Raftaar Technologies provides the the Limo platform. Limo provides bus services to commuters with facilities including AC, guaranteed seating, flexible timings, wi-fi, app enabled payments and live tracking of buses and other facilities designed for office goers.

ZipGo Logo
ZipGo

ZipGo is an on-demand AC bus service providing Reserved Seating to customers. The ZipGo app allows users to book a seat on a bus for daily commute.

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