Fresh Bus raises Rs 875 million in Series A funding

Electric intercity bus startup Fresh Bus has secured Rs 875 million in its Series A funding round, led by Maniv, with participation from Shell Ventures, Alteria Capital, and Riverwalk Holdings. Founded last year, Fresh Bus has quickly become a leader in electric bus mobility, currently operating 20 buses on routes like Bengaluru-Tirupati and Hyderabad-Vijayawada.

The new funds will enable Fresh Bus to expand its operations by adding 15 new routes and deploying 150 additional electric buses across South India, with plans to eventually scale nationwide. The investment will also support technological advancements and strategic team growth.

Since its launch, Fresh Bus has served over 400,000 passengers and achieved a 95% On-Time Performance (OTP). The company has saved 42 ml of diesel and reduced CO2 emissions by nearly 15,000 tons.