chalo: Bus Tech Co Chalo acquires the bicycle rental company Vogo | Bangalore News

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Bengaluru: Bus technology company Chalo has acquired shared mobility startup Vogo. Vogo will augment Chalo’s bus technology services by powering first and last mile journeys at major bus stops and other public locations. This will allow bus riders to get to and from bus stops.
Chalo recently raised approximately $40 million in a funding round led by Lightrock India and Filter Capital, bringing the total funding it has received to date to $62 million. Vogo will continue to operate under the same brand. Its founders Anand Ayyadurai and Padmanabhan Balakrishnan, and the rest of the Vogo team will continue with Chalo and Vogo. Ayyadurai will step into a new leadership role for the Chalo Group; Balakrishnan, previously COO of Vogo, will now be CEO; Abhimanyu Goyal, who was VP Engineering, will be elevated to CTO; and Sharath Parameswaran, who was vice president of operations and growth, will be promoted to chief commercial officer of Vogo.
Vinayak Bhavnani, co-founder and CTO of Chalo, said: “This acquisition provides Chalo with key strategic gains. Now we will be able to offer a convenient and economical option for bus passengers to get to and from bus stops, solving daily door-to-door journeys. This will increase bus ridership and serve our primary goal of making travel more convenient and reliable for everyone.
Vogo’s Balakrishnan said it has started a transition to an all-electric fleet and will also expand into new vehicle categories to better serve people.
Chalo also helps improve the passenger experience and optimize bus operations, thereby increasing ridership and utilization. For bus operators, Chalo has built a full technology stack to digitize their operations. The company deploys GPS devices for live tracking and electronic devices for ticketing.
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