IntrCity SmartBus Raises ₹2.5 Billion Amid Intercity Travel Surge

Tapping into India’s growing intercity mobility demand, IntrCity SmartBus secured billions to expand routes and enhance tech platforms.

IntrCity SmartBus, a tech-enabled intercity bus network platform, has raised ₹2.5 billion in a Series D funding round led by venture capital firm A91 Partners, the company announced on Wednesday. The fresh capital will be used to enhance customer experience, strengthen its fleet management technology, and expand coverage to more Tier-II and Tier-III cities across India.

The company, which currently operates over 630 routes in 15 states, plans to double its fleet and achieve a ₹10 billion turnover by next year. “IntrCity SmartBus continues to scale up organically and profitably, maintaining 50 percent year-over-year growth,” said Kapil Raizada, co-founder and president. “This new capital enables us to further transform the bus travel landscape and deepen our reach.”

Manish Rathi, co-founder and CEO, said the investment will help boost customer satisfaction, operational excellence, and network expansion. The company’s asset-light model allows partner operators to scale quickly while leveraging IntrCity’s proprietary technology, including an IoT-enabled fleet analytics system, operator dashboards, and crew management tools for real-time tracking and predictive maintenance.

A91 Partners’ general partner Gautam Mago praised the company’s strong execution and trusted brand, noting its potential to become a category leader in intercity mobility.

- Advertisement -

IntrCity’s companion brand, RailYatri, continues to complement its ecosystem with over 12 million monthly users booking train tickets and accessing travel insights.

- Advertisement -
Loading form…
Vidushi Saxena
Vidushi Saxena
Vidushi Saxena is a Journalist at EFY, with a strong interest in news reporting, in-depth research, and developments shaping the business and technology landscape.

Industry's Buzz

Apple

Indian Consumer Regulator Probes Apple over iOS 18 Warranty Terms

0
Watchdog investigates claims that software update caused display and microphone failures, forcing owners into paying exorbitant repair fees.  India’s consumer rights regulator has launched a...
Semiconductor

Global Semiconductor Revenue Surges 31 per cent in Q2 2026

0
Unprecedented AI infrastructure demand and soaring memory prices propel global sales to a record $425bn in the second quarter.  The global semiconductor revenue rose by...
partnership

VPG Foil Resistors Partners with Source Technologi to Expand India Presence

0
The company provides customised resistor solutions based on specific electrical, mechanical and environmental requirements VPG Foil Resistors, a Vishay Precision Group company, has partnered with...
Image for representation purpose

India-Mercosur Pact Cuts Paperwork For Electronics Trade

0
India and Mercosur will accept electronic Certificates of Origin, potentially reducing documentation costs and processing time for electronics exporters and importers claiming preferential tariffs. India...

Emerging EV Brands Surge Ahead in Indian Two-Wheeler Market

0
Challenger labels outpace 2025 sales in under nine months as falling battery costs and funding boosts fuel rapid expansion.  India’s electric two-wheeler sector is undergoing...

Learn From Leaders

Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...
L Venkata Subramaniam, CEO, Qbit Force, Andhra Pradesh

“We Aim To Make Quantum Computing More Visible, Understandable, And Open To Build On”...

0
From building India’s first open quantum hardware ecosystem to assembling a working quantum computer in just four months, Qbit Force is redefining how deep...

Startups

Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...
Manivannan Subramaniam, Director R&D, CIYES Systems

“We Want to Build Globally Competitive Deep-Tech Products from India” –  Manivannan Subramaniam, CIYES...

0
Can India build globally competitive deep-tech products? Manivannan Subramaniam of CIYES Systems believes it can. In this interview with EFY's Nitisha Dubey, he discusses...

Raptee.HV, Rajalakshmi Engineering College Launch EV Centre of Excellence

0
The facility is among the first initiatives under Raptee.HV Academy Raptee.HV has launched a Centre of Excellence for Electric Mobility at Rajalakshmi Engineering College (REC),...

Agnikul Cosmos Opens New Facilities to Advance Reusable Rocket Development

0
STIF has been designed and fabricated in-house to test complete reusable rocket stages under flight-like conditions Indian space-tech company Agnikul Cosmos has inaugurated two new...

Zenergize Technologies Raises $4 Million Pre-Series A to Scale SiC Power Electronics

0
The fundraise comes after a year of rapid product development and commercialisation Zenergize Technologies, an R&D-driven deep-tech company developing indigenous Silicon Carbide (SiC)-based power electronics,...