Ixigo invests $3.1M in electrical bus startup FreshBus

Indian on-line journey app Ixigo has invested $3.1 million in electrical bus startup FreshBus.

The seed spherical will go towards the launch of the inter-city electrical bus service throughout India.

The Bengalaru, India-based bus enterprise is launching from Hyderabad and Bengalaru with 24 electrical buses and plans to extend to 1,000 buses throughout India over the subsequent two to a few years.

FreshBus was based by Sudhakar Reddy Chirra, who beforehand launched Abhibus, which was acquired by Ixigo in 2021.

Chirra, who can also be the CEO of FreshBus, says, “FreshBus was born out of a need to deal with the ache areas of inter-city bus vacationers in India, equivalent to lack of punctuality, unscheduled stops, poor customer support, unprofessional employees, low bar for cleanliness, inconvenient boarding factors, unhygienic pit stops for girls, and so on. FreshBus goals to deal with these points by emphasizing on high quality and buyer expertise to make bus journey a hassle-free expertise for all. We’ll provide a extra atmosphere pleasant and inexpensive different to present inter-city public transport, which is presently dominated by fossil-fuel buses. A single FreshBus will save over 90,000 liters of diesel and cut back near 200 tons of CO2 emissions in a span of 1 12 months. That’s equal to the impact of just about 10,000 bushes on the atmosphere!”

The co-founders of Ixigo, Aloke Bajpai and Rajnish Kumar, add that almost all of the 100,000 inter-city buses throughout India are “diesel-based and are a significant supply of city air air pollution. We’re proud to be backing Sudhakar as soon as extra with a joint imaginative and prescient of a future the place all inter-city buses in India will run on clear gas. FreshBus buses will be capable of cowl as much as 375 kilometers on a single cost with zero emissions, enabling greener, [more] inexpensive and safer rides.”