Inter-city bus startup Yolobus raised $3.3mn led by Nexus Venture

Yolobus, a startup looking to standardise inter-city bus travel raised $3.3 million in Series-A from Nexus Venture Partners & India Quotient, where Nexus’ MD Suvir Sujan & Anand Lunia GM India Quotient will join the board of Yolobus.

Yolobus is looking to introduce for bus travellers safety measures similar to those imposed by airlines, at a time when there is demand for inter-city travel but people are wary of contracting Covid-19.

“We should recover demand in the next two to three months. Even now, there is pent-up demand, but every alternate seat on the bus is blocked to maintain social distancing,” said Gupta, who is also the CEO of Yolobus.

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