App-based bus service Cityflo, which provides commutes to corporate professionals in Mumbai, has raised Rs 57 crore in Series A funding led by Lightbox Ventures, India Quotient and other angel investors also participated in the round.
The startup aims to utilise the amount raised to expand services on current and new routes, and strengthen its position as a daily commute brand for the city’s working professionals. The brand is also working towards skilling drivers with regard to customer service etiquette, soft skills and grooming, among other aspects.
“Cityflo was founded with the vision of solving the problem of long and