In a funding round led by US-based venture capital firm New Atlantic Ventures, bus aggregator Shuttl has raised $5 million. Last month, it raised $7-8 million from Sequoia Capital and Lightspeed Ventures.
The startup aspires to take the round up to $20 million and its valuation is expected to cross $150 million mark. Recently, it tied up with Delhi utility BRPL to add 300 electric buses and install more than 50 charging points in Delhi. (Source)
