IntrCity SmartBus Secures ₹250 Crore Series D Funding to Drive Next Phase of Growth in India’s Intercity Travel

For millions of Indians who still rely on buses as their most dependable mode of long-distance travel, the experience has often been defined by unpredictability — delayed departures, uncomfortable seating, and uncertain service quality. But over the last few years, one brand has quietly rewritten that story on India’s highways. IntrCity SmartBus, the country’s leading tech-driven intercity bus network, has been transforming what it means to travel by road — making it more organized, predictable, and premium.

InterCity SmartBus Funding

Now, in a move that underlines its growing dominance in India’s mobility landscape, IntrCity SmartBus has raised ₹250 crore in a Series D funding round led by A91 Partners. The new capital infusion, announced on October 30, 2025, is set to power the company’s next phase of growth — from scaling its fleet and expanding into smaller towns to deepening its technology backbone and elevating the customer journey experience.

Founded with a vision to bring professionalism and reliability to bus travel — one of India’s largest and most fragmented mobility sectors — IntrCity SmartBus has steadily carved a niche as the go-to network for travelers seeking consistency and comfort.

“IntrCity SmartBus has emerged as the top-ranked brand among bus travelers nationwide, known for its professionalism, punctuality, comfort, and reliability of operations,” said Kapil Raizada, Co-founder and President of IntrCity SmartBus. “The brand continues to scale up organically and profitably and is projected to maintain its 50% year-on-year growth this year. We are excited to onboard A91 Partners in the next phase of our journey — this new capital enables us to further double down on our vision to transform the bus travel landscape in India.”

The company plans to double its fleet size and is targeting a ₹1,000 crore turnover by next year, a bold leap for a mobility startup in a space that has long remained unorganized and largely offline.

A91 Partners Bets on India’s Intercity Mobility Revolution

For A91 Partners, one of India’s most prominent growth-stage investment firms, the investment is not just about scaling a successful business — it’s about shaping the future of Indian ground travel.

“We are delighted to partner with Kapil, Manish, and the IntrCity SmartBus team,” said Gautam Mago, General Partner at A91 Partners. “They have built a trusted, pan-India brand through exceptional quality, consistency, and customer service. This provides a platform to build a category-defining leader in intercity mobility. We look forward to working with them to grow the company to even greater heights.”

The confidence from A91 Partners underscores the growing investor appetite for technology-led mobility solutions in India — particularly those addressing real, large-scale challenges like intercity connectivity and comfort.

Fueling Growth Beyond Metros

With this funding, IntrCity SmartBus plans to expand aggressively into Tier-2 and Tier-3 cities, tapping into India’s growing demand for reliable intercity transport options beyond major metros. These emerging cities — where air and train connectivity often remain limited — represent a massive opportunity for structured, tech-driven bus networks.

The company also aims to upgrade its fleet management technology, improve operational efficiency, and enhance safety systems — all while keeping the customer experience at the heart of its growth strategy.

“We want to thank the millions of travelers who have placed their trust in us,” said Manish Rathi, Co-founder and CEO of IntrCity SmartBus. “This investment will help us further raise the bar on customer satisfaction, operational excellence, and service expansion. It will also empower our operator partners to grow and monetize their asset portfolio faster with us. We welcome A91 Partners in this next phase of redefining ground travel in India.”

Transforming an Industry That Moves India

The Indian intercity bus market is massive — estimated to serve over 5 billion passenger trips annually — yet it remains largely dominated by unorganized operators. In this fragmented ecosystem, IntrCity SmartBus has built a tech-first, asset-light platform that standardizes experience, ensures safety, and guarantees reliability — features that urban travelers increasingly expect from modern transport services.

By offering real-time tracking, verified bus partners, on-time performance, and comfort amenities, IntrCity SmartBus is redefining how Indians perceive bus travel. The company’s focus on data-driven operations, AI-enabled route planning, and safety-first features has helped it become one of the most trusted brands in the intercity category.

With its fresh war chest of ₹250 crore, IntrCity SmartBus is ready to accelerate its journey toward becoming India’s first category-defining intercity mobility platform. As it expands into newer markets and doubles its fleet, the company’s vision goes beyond transportation — it aims to build an ecosystem that delivers predictable, safe, and affordable travel for every Indian.

If IntrCity SmartBus can continue to execute its plans with the same precision that has earned it traveler loyalty so far, India’s next big travel revolution may not take off from an airport runway — but from a highway, aboard a smart bus.

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