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Shuttl – A Startup Providing Comfortable Mass Commute Options

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Public transportation in India is a problem as intra city public transport is overused, has bad infrastructure and the vehicles are in poor condition.  While the number of transportation options are increasing, the public still prefers using personal vehicles because they prefer the comfort of their vehicle.

Metropolitan cities like Bangalore, Delhi, Mumbai, Hyderabad and Pune see a very high influx of population due to the presence of multiple industries like software and information technology and due to the fact these are major manufacturing hubs.  With this influx, public transportation modes like buses and Metro rail are bursting at the seams and unable to meet the demand.  Shuttl is a startup which aims to change the commuting game by offering an on demand commuting service which is similar to what Ola and Uber offer.  However, the difference stops there because Shuttle has buses, mini buses, vans and SUvs in its fleet, from which people can choose.

How Shuttl began

Shuttl was founded by Deepanshu Malviya and Amit Singh in 2015.  While both the founders were working at Jabong, they began thinking about how to solve the problem of transportation as the buses were overcrowded.  Indians using public transport have an unspoken rule—if someone leaves a piece of cloth or a bag on a seat, it means he/she has ‘reserved’ the place.  This concept led to the idea of Shuttl as the founders realised they could merge technology and the concept to come up with an app based product which lets customers reserve a seat on a bus/mini bus.

How Shuttl works

Shuttl assesses the times when the demand for travel is the highest and more often than not, it is when people go and return from their offices.  So, Shuttl offers time slots during which individuals can reserve a seat on a bus. The reservation for the particular time slot remains open until all the seats are booked.  Routes are decided by the number of passengers per vehicle (density) and the number of customers. The demand is so high, seats often get sold out 24 hours in advance. Customers have to pay for the seat or can opt for a monthly subscription.

Focusing on the need for buses

Shuttl revamped its fleet to swanky looking buses which have comfortable seating and are air conditioned.  By being focused on providing a safe and comfortable travel experience, Shuttl was able to build a dedicated and loyal customer base.  Buses are also the most economical and efficient means of transportation for people to get from one point to another. This is because buses are cost efficient, reduce the pollution and traffic footprint.

Shuttl is steadily growing and even attracted venture capital funding from Amazon.  It is constantly looking to improve customer experience by trying to bring in features like facial recognition and live CCTV feed to ensure the safety of their passengers, especially women.  Shuttl is a startup committed to reducing the carbon footprint and decongesting traffic in cities.

Read about How Bounce is changing last mile commute: Bounce: How The Bike Rental Startup Is Changing The Way We Commute

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Entrepreneur Stories

PixelSky Capital Unveils INR 400 Crore Secondaries Fund

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Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.

 

The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.

 

Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio

 

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Meta’s Upcoming AR Glasses: A Sneak Peek

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Meta is developing its first true AR glasses, set to launch in 2027. Before the public release, employees will test the device starting in 2024. The company is also releasing new generations of Ray-Ban smart glasses in 2023 and 2025 with enhanced features like a “viewfinder” display.

Specifications and Features

The AR glasses are expected to feature OLED displays and Qualcomm Snapdragon chipsets, offering sophisticated AR and AI capabilities. They will enable users to interact with virtual objects and project high-quality holograms of avatars onto the real world.

Design and Competition

Meta aims for a sleek design, potentially building on its Ray-Ban partnerships. The AR glasses market is competitive, with Apple and Google also investing heavily. Meta seeks to make its AR glasses a game-changer by offering a unique user experience.

Future Plans

In addition to AR glasses, Meta is expanding its VR offerings with new headsets like the Quest 3 and exploring other wearable technologies. The company is focused on reducing costs to make the AR glasses more consumer-friendly by launch.

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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