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Home / Companies / Start-ups /  Charter bus service provider Limo raises $1 million from Rainmaker Ventures

Bangalore: Charter bus service provider Limo, owned by Raftaar Technologies Pvt. Ltd, has raised $1 million from Rainmaker Ventures, the company said in a statement on Wednesday.

Raftaar Technologies had earlier raised a seed round from India Quotient and angel investor Anupam Mittal, among others.

Founded in 2015 by Siddharth Sharma, Anshul Khandelwal and Vivek Choksi, the company claims to have facilitated more than three lakh rides since inception.

“At Limo, we were clear that we wanted to make a bus service that would be as comfortable and convenient as your car at a fraction of the cost. With more than three lakh rides served and with more than half the passengers having given up using their cars to reach office, Limo is proving every day that buses, when done right, can be the answer to many commuters woes," said Siddharth Sharma, co-founder, Limo.

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