India’s Chalo acquires Amazon-backed bus aggregator Shuttl

Chalo, an Indian startup that is digitizing bus commutes in India and which recently raised $40 million in a financing round, has acquired Amazon-backed app-based office commute bus aggregator Shuttl in an all-cash deal, the two said on Tuesday. Chalo founder and chief executive Mohit Dubey said the acquisition of Shuttl, which operates thousands of […]...