Tummoc, India’s only patented transit-tech startup, has raised additional capital in its ongoing pre-Series A funding round, with fresh investment from Finvolve, a multi-stage VC fund, and India Accelerator. While the recent funding amount remains undisclosed, Tummoc has now secured a total of $1.6 million from investors including IPV, The Chennai Angels, and prominent angel investors.
This latest round is aimed at scaling Tummoc’s innovative First Mile to Last Mile mobility solutions, enhancing product capabilities, and preparing for global expansion.
Tummoc: Revolutionizing Public Transit with Smart Tech
Tummoc is a homegrown transit-tech platform currently operational in 22 Indian cities. It enables users to plan, track, and book both public and private transportation via a single, integrated app. Key features include real-time tracking, digital ticketing, and multi-modal journey planning—empowering commuters with convenience, efficiency, and sustainability.
Beyond its consumer app, Tummoc also delivers end-to-end transit infrastructure solutions for government and private agencies, including:
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White-label applications
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Intelligent Transport Management Systems (ITMS)
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Automated Fare Collection Systems (AFCS)
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GTFS real-time feeds
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Contactless payment infrastructure
A Vision for Smarter Cities and Seamless Commuting
The recent investment will accelerate Tummoc’s efforts in building smart mobility solutions not just in urban hubs but also in Tier 2 and Tier 3 Indian cities. The company is focused on optimizing operational efficiency through data-driven transit deployments and aims to expand its digital ticketing network across more regions.
Commenting on the investment, Ashish Bhatia, Co-founder of India Accelerator and Finvolve, said:
“We back founders solving real-world problems with future-ready solutions. Tummoc’s tech-first approach to urban mobility aligns perfectly with our vision of investing in scalable, transformative ideas.”
Expanding Horizons: Global Ambitions
Tummoc plans to utilize a portion of the funds for international transit projects, further broadening its footprint and revenue streams. The company aims for strong topline performance in the coming quarters by pushing boundaries in public transportation innovation.
Hiranmay Mallick, CEO & Co-Founder of Tummoc, shared:
“Mobility should be seamless and sustainable. With the support of India Accelerator and Finvolve, we’re fast-tracking our mission to build a digitized, commuter-friendly transit ecosystem.”