# Zingbus Technology Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zingbus-technology-private

- Industry: Transportation Services
- Headquarters: Gurugram, India
- Website: www.zingbus.com/
- Total disclosed funding: $7.3M
- Latest round: Series A (Dec 16, 2024)
- Investors on record: 7

## About

Founded in 2019 and based in Haryana, India, Zingbus Technology Private Limited operates a fleet of over 20 buses that currently connects over 30 cities across North India. Mratunjay Beniwa, Ravi Kumar Verma, and Prashant Kumar are the co-founders of the company. In December 2024, Zingbus Technology Private Limited raised INR 590 million in Series A funding led by BP Ventures, including Edge Ventures, 100Unicorns, and AdvantEdge. The Series A funding values Zingbus Technology at INR 5.3 billion post-money.

Zingbus offers travel experiences across 500+ cities in 18 states. The firm has a fleet of over 350 buses that provides an online ticket booking platform through its website, mobile app, and other OTA channels. The company offers a range of bus services to cater to different travel needs, including Zingbus Plus for premium journeys, Partner Buses for trusted third-party options, and ValueBus for budget-friendly travel. Zingbus ensures passenger safety with live bus tracking, 24/7 customer support, and female-friendly rides.

The company’s revenue is generated by providing travel services to passengers with a focus on intercity travels.

The organization plans to use the December 2024 funding to support expansion, growth, and meet additional capital requirements.

## Funding rounds

- Series A, Dec 16, 2024, $7M — BP Ventures, AdvantEdge Founders, InfoEdge Ventures, 100Unicorns
- Seed, Oct 14, 2019, $0.4M — Smile Group, AdvantEdge Founders, MGB Business Advisors, Calabasas Capital

## Investors

- Smile Group (https://capitalatlas.ai/funds/smile-group) — Seed
- AdvantEdge Founders (https://capitalatlas.ai/funds/advantedge-founders) — Seed, Series A
- MGB Business Advisors — Seed
- Calabasas Capital — Seed
- BP Ventures (https://capitalatlas.ai/funds/bp-ventures) — Series A
- InfoEdge Ventures (https://capitalatlas.ai/funds/infoedge-ventures) — Series A
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Series A