Amazon leads $11-mn funding in bus service startup Shuttl
Amazon India has led an $11-million Series B funding round in Gurugram-based bus aggregating startup Shuttl, along with Dentsu Ventures. Existing investors Sequoia Capital, Times Internet and Lightspeed Venture Partners also participated in the round. Founded in 2015, Shuttl aims to reduce congestion in cities by offering bus services that can be booked via a mobile app.