# Fresh Bus Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fresh-bus-private

- Industry: Transportation Services
- Headquarters: Hyderabad, India
- Website: www.freshbus.com/
- Total disclosed funding: $14M
- Latest round: Series A (Aug 14, 2024)
- Investors on record: 7

## About

Founded in 2019 and based in Karnataka, India, Fresh Bus Private Limited, also known as Fresh Bus, is an electric inter-city bus service provider. The company was founded by its CEO, Sudhakar Reddy Chirra. In August 2024, Fresh Bus Private Limited raised INR 438 million in series A funding led by returning investor Maniv, with participation from new investors Shell Ventures and Alteria Capital. Returning investor Riverwalk Holdings also participated in the round. The round was part of a larger INR 875 million series A funding.

Fresh Bus offers technologically advanced electric buses for transportation. The firm’s buses are equipped with luxurious and comfortable AC seating, personal charging docks, high-speed wifi, and ambient lighting. The firm also offers an online platform where users can travel and book journeys. In addition, the company provides a mobile application for both Android and iOS users. As of 2023, the company owns and operates 20 electric buses.

The company plans to use the funds raised in August 2024  to expand its operation, add 15 new routes, and launch 150 e-buses.

## Funding rounds

- Series A, Aug 14, 2024, $5.2M — Shell Ventures, Maniv Mobility, Alteria Capital, Riverwalk Holdings
- Series A, Jul 12, 2024, $8.1M — Maniv Mobility, Shell E4, Riverwalk Holdings
- Seed, Oct 16, 2023, $0.9M — IndigoEdge Management Consultancy, QED Innovation Labs, Riverwalk Holdings

## Investors

- IndigoEdge Management Consultancy — Seed
- QED Innovation Labs — Seed
- Riverwalk Holdings (https://capitalatlas.ai/funds/riverwalk-holdings) — Seed, Series A
- Maniv Mobility (https://capitalatlas.ai/funds/maniv-mobility) — Series A
- Shell E4 (https://capitalatlas.ai/funds/shell-e4) — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series A