Routematic Raises $2.5 Mn As It Looks To Build An EV Network For Smart Cities

Routematic Raises $2.5 Mn As It Looks To Build An EV Network For Smart Cities
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  • The urban mobility company aims to provide a safer and comfortable employee transportation solution for companies and corporations in India.
  • According to the startup, the recently raised funds will be utilised towards building electric vehicle-based smart city transportation network.
  • The Bengaluru-based startup had raised $8 Mn in Series B funding round led by Nexus Venture Partners and existing investors including Inventus Capital Partners, Saama Capital and Qualcomm Ventures in April 2018.
  • It offers app-based office shuttle service across major cities such as Kolkata, Hyderabad, Pune, Mumbai, Delhi-NCR, Bengaluru, Chennai, and Jaipur.


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