bp Ventures, the investment arm of bp, has committed $9 million to Delhi-based Zingbus as part of its Series A funding round.
Zingbus Gets an Enormous Investment
Zingbus has developed a technology platform designed to support electric bus operators and their customers traveling between cities. The platform offers both front-end and back-end digital solutions, including pricing tools, fleet management, route optimization, and a dedicated ticketing marketplace.
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Zingbus’ Fascinating Journey
Founded in 2019 by Prashant Kumar, Mratunjay Beniwal, and Ravi Verma, Zingbus brings together smaller bus companies under one unified brand, helping them increase profitability while ensuring a reliable service for travelers.
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The company claims to have partnered with numerous small and medium-sized bus operators, reaching over two million users across 300 cities in India. Zingbus’s technology is designed to help traditional bus operators transition from internal combustion engine (ICE) buses to electric vehicles (EVs), fostering a more sustainable future for transportation in India.
