Zingbus Analysis: $9M Raised
What is Zingbus?
Zingbus is a bus service in India providing online ticket bookings across 500 cities, emphasizing reliability and customer satisfaction.
Employees
40
Founded
2019
Revenue
$29-74.8M
ZoomInfo
Product Features & Capabilities
- online bus ticket booking, last-minute free cancellations, on-time guarantee with 50% refund for delays over 45 minutes, lowest price guarantee with 10x money-back, travel insurance coverage up to ₹7.5 Lac, carbon-neutral rides, 24/7 WhatsApp support, female-friendly rides, live bus tracking, user-f
Pricing
- Bus fares start from ₹1018 for routes like Delhi to Jammu and can go up to ₹3018.
- For Delhi to Ujjain, the fare is ₹1604.
- Zingbus Maxx Volvo tickets from Delhi to Manali range from ₹1166 to ₹1332.
- Discounts available for group bookings (₹1500 off for 3 or more seats).
- Special offers includ
How much Zingbus raised
Series A - $9 million
December 20, 2024Lead Investor: bp Ventures
Who are the founders of Zingbus
Market Focus
Zingbus primarily focuses on the transportation industry, specifically providing bus services in India. They offer a vast network connecting over 500 cities and facilitate online bus ticket bookings, emphasizing reliability, safety, and eco-friendliness.
Competitors Overview
Zingbus operates in a competitive market with several notable competitors in the Indian bus service industry. The main competitors include:
- redBus: One of the largest online bus ticketing platforms in India, established in 2006. It offers features like last-minute booking and GPS-enabled bus
Investors
- bp Ventures: Invested $9 million in Zingbus during its Series A funding round.
Business Model
Commission-based revenue model through ticket sales and tiered partnerships with bus operators.
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