Tech
Buses to play critical role in enhancing last mile commute in metro cities: Cityflo
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Cityflo, a premium daily commute firm, plans to expand its fleet by 1,600 buses over the next two years and grow revenues four-fold to Rs 300 crore by 2027.
Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo provides an alternative commuting solution and serves corporate professionals in Mumbai and Hyderabad, and more recently Delhi.
The company said growth will be driven by its entry into new markets, diversified business lines and strengthened corporate partnerships.
“With only 1.2 buses…
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