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regular-article-logo Monday, 25 November 2024

Tummoc plan for series A funding round to scale up operations

Founded in 2016, the company facilitates commuters in discovering the fastest and cost effective route using different modes of transport

A Staff Reporter Calcutta Published 01.11.21, 12:43 AM
Tummoc co-founders  (From left) Hiranmay Mallick, Monalisha Thakur and Narayan Mishra.

Tummoc co-founders (From left) Hiranmay Mallick, Monalisha Thakur and Narayan Mishra. Sourced by The Telegraph

Bangalore-based multi-modal commute platform Tummoc is planning for a series A funding round of $3-5 million as it looks to scale up operations to 10 cities by 2022.

Founded in 2016, Tummoc facilitates commuters in discovering the fastest and cost effective route using different modes of transport such as auto rickshaws, bikes, e-rickshaw, metro and buses.

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Under the “Plan My Trip” feature of the app, users can discover multiple ways to reach their destination, including a singular transport option like a metro service or a combine of two or more transport options to find the best route suiting their requirements.

The services are now available in Bangalore, Calcutta and Hyderabad. The start-up plans to expand to Delhi, Mumbai, Kochi and Chennai.

“Last 7-8 months have been great for us. We started with Bangalore, went to Calcutta and Hyderabad and will be adding more cities in coming months. We have grown our user base to almost 2 lakh users and plan to scale up to 10 lakh users as we expand to 10 cities by April 2022,” said Tummoc co-founder Hiranmay Mallick.

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