IntrCity SmartBus, the country’s leading next-generation intercity bus network, has raised ₹250 crore in a Series D funding round led by A91 Partners to accelerate its expansion and strengthen its technology backbone. The company plans to double its fleet, deepen its presence across tier-2 and tier-3 cities, and enhance safety and comfort for passengers as it targets a ₹1,000 crore turnover by next year.

Calling the investment a “validation” of India’s evolving road travel ecosystem, Manish Rathi, Co-Founder and CEO of IntrCity SmartBus, told CNBC-TV18 that the fresh capital will help build the next decade of road mobility infrastructure. “We consider this investment not just in us but as a big validation of how road travel in India—especially long-distance travel by bus—is transforming,”

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