Chalo Acquires Scooter Rental startup Vogo
- ByStartupStory | March 28, 2022
Chalo, a public transport technology platform, on Monday announced its acquisition of scooter rental startup Vogo. It is to be mentioned that it had bought the bus aggregator Shuttl’s business for an undisclosed sum six months prior in October. The transport technology platform said that the latest acquisition will fuel its bus technology services by powering first and last-mile rides at major bus stops and other public places.Â
Through this acquisition, Vogo is plunging into the electric vehicle space and is trying to expand beyond two wheelers and offer other types of EVs. Even though the scooter rental has been acquired by Chalo, Vogo will continue under the same brand. The founders Anand Ayyadurai and Padmanabhan Balakrishnan along with the rest of the startup’s team will continue with Chalo and Vogo. Â
The Scooter rental startup Vogo was founded in 2016 by Anand Ayyadurai and Padmanabhan Balakrishnan. It has fulfilled about 50,000 rides daily before Covid-19 struck in Hyderabad and Bengaluru.Â
Co-Founder and Chief Technology Officer (CTO) of Chalo, Vinayak Bhavnani, said that the acquisition offers Chalo key strategic gains. Now Chalo will be able to offer a convenient and cost-effective option for bus passengers to travel to and from bus stops, solving the door-to-door daily commute.