India: Bus aggregator Shuttl raises $42m from Toyota Group, SMBC Trust Bank

India: Bus aggregator Shuttl raises $42m from Toyota Group, SMBC Trust Bank

An employee fills diesel in a public bus at a fuel station in Kolkata August 13, 2012. REUTERS/Rupak De Chowdhuri/Files

Gurugram-headquartered bus aggregation platform Shuttl has raised as much as $42 million (Rs 297 crore) from a host of investors such as Toyota Group’s trading arm Tsusho Corporation and SMBC Trust Bank Ltd, according to a report by Moneycontrol.

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