Intercity-mobility startup Zingbus raised $6 million in a pre-Series A round led by Infoedge Ventures

Infoedge Ventures led a $6 million pre-Series A investment for intercity-mobility company Zingbus.

Funders Club, Pioneer Fund, Anim Fund (Founders Fund Scout), Locus Ventures, and Liquid 2 Ventures were the lead investors in the round. Advantedge Technology Fund, 9Unicorns, and Venture Catalyst are among the existing investors.

Zingbus was part of the Y Combinator 2021 winter class and was founded in 2019 by Prashant Kumar, Mratunjay, and Ravi Kumar Verma.

General Atlantic, Blackrock, Silverlake, and Canyon Partners have invested $650 million in Flixbus, Zingbus’ worldwide equivalent.

“We see the pandemic as a black swan event for the entire intercity bus industry. It has upended this unorganized, highly fragmented, and mainly unbranded market. The current industry dynamics are such that we find ourselves in a unique position to build something precious quickly! The pandemic has led to higher expectations of hygiene and safety from customers,” said Prashant Kumar, CEO of Zingbus.