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In Focus
In a recent development for the Indian inter-city mobility sector, IntrCity SmartBus has raised US$30 million in its latest funding round, setting the company’s valuation at US$140 million. The announcement, reported by TechCrunch, marks a pivotal moment as the platform positions itself to capture an expanding market of long-distance bus travellers and operator alliances across India.
IntrCity SmartBus has reported 67 percent year-over-year revenue growth, reflecting robust demand for its tech-enabled inter-city bus services. The company is now targeting full profitability in the current financial year, signalling discipline in operations and monetisation. In other news, Rocket.new, one of India’s earliest vibe coding startups, has raised $15 million in a seed funding round led by Salesforce Ventures, with participation from Accel and Together Fund.
With a post-funding valuation of US$140 million, the startup joins a select group of mobility players in India securing significant investor backing. The fresh capital is earmarked for expanding fleet size, penetrating new regional corridors and deepening B2B operator partnerships.
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The business model centres on an integrated platform connecting coach-operators with route-planning, data analytics, IoT fleet monitoring and a customer interface for bookings. This stack aims to bring efficiency to the traditionally fragmented Indian long-distance bus market.
As one executive put it, “We believe we are the only player in the industry today to have cracked the code of scaling profitably — using Technology, Data Science, and Operational Compliance as our core enablers.” as stated by Travel Trends Today.
The funding round also reflects investor confidence in the inter-city travel category of India, where growing middle-class mobility, expanding tier-2 and tier-3 city linkages and demand for organised coach travel are converging.
The freshly secured US$30 million at a US$140 million valuation provides IntrCity SmartBus with the financial runway to deepen its network across states.
Regional business owners and decision-makers in the travel and transport domain should closely monitor how this platform leverages its new capital to map underserved corridors and optimize asset deployment.
As competition intensifies and consumers expect higher reliability, comfort and digital engagement, platforms like IntrCity SmartBus set a benchmark for what organised inter-city road-travel can become: scalable, tech-enabled and investment-backed.
For the broader mobility and travel sector, this funding round positions IntrCity SmartBus as a leading figure in India’s inter-city coach landscape and signals the maturation of road-travel platforms into investible, scalable businesses.