More choice for Delhi commuters as bus operator Cityflo forays into Delhi-NCR region
Chennai
23-February-2022
Cityflo, a leading app-based daily bus service that offers a comfortable, premium, safe and stress-free commute experience for India’s corporate professionals has announced its entry into the national capital.
“We are happy to announce Cityflo’s launch in the Delhi-NCR region. Given the high levels of car ownership and the infamous traffic jams here, we see a large opportunity in bringing the Cityflo experience to Delhi-ites,” said Jerin Venad, Cofounder, Cityflo.
“While we continue to grow in Mumbai, across both existing and new routes, we expect our Delhi operations to further accelerate Cityflo’s growth.”
Cityflo’s routes are selected after considering a number of critical factors like home and office density, distance travelled and alternate modes of commute. About 70% of its customers are established professionals within the age demographic of 25 to 45 years.
“Cityflo, together with our bus owner partners, plans to invest over INR 120 crore into our Delhi-NCR operations over the next 18 months. This will be used for the procurement of the bus fleet, supporting infrastructure, skill development for drivers, and building awareness about Cityflo's service and its benefits,” Venad added.
“Cityflo’s customers will collectively reduce over 60,000 tonnes of carbon emissions, take 9000 cars off the roads daily, and help reduce travel time on Delhi highways by 10% across the board. In the process, Cityflo will create 400+ jobs across our drivers, maintenance staff and managerial roles in the system.”
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Cityflo has raised approximately INR 68 crore since inception which includes its Series A funding round by Lightbox Ventures and India Quotient.
With the relaxation of restrictions, Cityflo expects to grow their business by over 400% in 2022, and become the preferred mode of commute for India’s working professionals. – TWL Bureau
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