Raised 72Cr in Series B, WhistleDrive forges to become the fastest-growing employee transportation company
WhistleDrive, a Hyderabad based Tech-enabled Transportation company has raised 72 Crores in Series from a Chicago based investment firm Colosseum Group.
It is one of the Top 50 Emerging Startups to watch in 2019, After scaling to 3 cities in India in the last one and half a year, with the current investments and the scale of its operations, It has become the fastest-growing employee transportation tech company in India.
Reportedly, The Colosseum Group has invested about Rs.5Cr in Whistledrive in 2018 Q2. While the announcement, the investment team said that the potential market for WhistleDrive and employee transportation is very huge and it is giving the scope for scalability and business expansion. They later added that the transportation companies from the middle east are showing a ton of interest in the Whistle Tech software.
Founded by Rakesh Munnanooru in 2016, WhistleDrive is a transportation technology company that offers an End to End AI-powered Employee Transportation Solution for corporates.
“With a Vision To build a safe and technology-driven employee transportation ecosystem, I believe that the entire transportation should be served with technology as a default since technology has become the biggest part of the social equation now.” – Rakesh Munnanooru.
The current transportation industry is very much hyped with the technology and introduction of electric vehicles and so is employee transportation. WhistleDrive takes the right bite by serving corporate with fleet along with the software which is very much needed.
“Corporate companies are looking for an integrated solution, TAAS – Transportation as a service compared to SAAS, Which is exactly what we offer. We provide an end to end control over operations making transportation convenient, safe and transparent for both employees and cab partners” Rakesh adds.
With the investments, WhistleDrive aims to scale its operations across the country and implement the advanced technologies for a better transportation ecosystem.
