EaseMyTrip said it is acquiring YoloBus, a next-generation premium intercity mobility platform, for an undisclose amount to expand its non-air business. This acquisition includes the brand name of YoloBus, its technology, team, running business and data expertise.
EaseMyTrip will leverage YoloBus’ full-stack technology-enable platform to offer an enhance and superior bus travel experience with safe, clean, comfortable and connect buses for seamless intercity travel.
EaseMyTrip co-founder Rikant Pittie Said :
Stating that YoloBus has carve a niche for itself in the mobility sector.
YoloBus had raise Series-A funding, at a valuation of Rs 84 crore, from marquee investors like Nexus Venture Partners and India Quotient.
It runs on a mobility template taking care of the operational side of the business, including scheduling of buses, ticketing, customer service, and network planning.
Over three lakh customers have travel using its platform across 250 plus routes, connecting major tier-I cities to tier II and III cities.
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