YOLO, an inter-city transportation and mobility platform, has raised $600,000 as seed funding from an undisclosed VC Firm and a couple of angel investors. The company was founded by Shailesh Gupta, Mukul Shah, and Danish Chopra in 2019.
The company will utilize these funds in territory expansion plans, technology, and marketing strategies.
In a media statement, Shailesh Gupta, CEO and Founder, YOLO, said, “This fresh funding will help us work towards our vision. It will enable us to escalate a mobility platform that will help to bring in different forms of mobility solutions hyper-suited to the needs of cities and towns we plan to expand into, over the next few months.”
YOLO provides services like personalised bus captains, welcome kits to all passengers, high-speed WiFi, hygienic washrooms, F&B, USB charging points, movies, and infotainment.
