Gurugram-based mobility startup Yolobus has raked in $3.3 million in a Series A funding round led by Nexus Venture Partners with participation of India Quotient. The company would utilize the capital towards expanding its service in the country and invest in safety measures.
The ten-month-old Yolobus offers passengers with comfortable, punctual, and safe ride experiences. Post investment, Suvir Sujan, managing director at Nexus Venture Partners, and Anand Lunia, co-founder of India Quotient, will be joining the company’s board as well. (Source)
