Xplor, a prominent player in smart public transportation solutions, has raised ₹1.5 Crore in funding from undisclosed investors in Dubai. The fresh capital is expected to accelerate the company’s mission to revolutionize public transit systems in India and beyond, integrating cutting-edge technology, efficiency, and sustainability to improve fleet operations and the commuter experience.
Revolutionizing Public Mobility
The investment will allow Xplor to expand its operations across India, with plans to equip over 300 buses with advanced ticketing machines and AI-powered safety systems. These upgrades will facilitate cashless ticketing, boost safety measures, and streamline operational processes for bus operators.
“This investment demonstrates the confidence our global partners have in Xplor’s ability to drive meaningful changes in the public transportation sector,” said Nived Priyadarsan, CEO of Xplor. “This round is not just about the funds; it brings valuable expertise that will help us lead the transformation of public transportation. It also signals to the investment community that we are shaping the future of mobility.”
Strategic Investment Plans
The funding will be used strategically in several key areas:
- Hardware Deployment: Installation of state-of-the-art ticketing machines and safety cameras for improved operational efficiency.
- AI Research and Development: Continued enhancement of AI models aimed at solving congestion and scheduling challenges.
- Geographic Expansion: Scaling operations in Kerala while exploring expansion opportunities in other Indian states.
Xplor’s Impact and Future Vision
Xplor has already experienced significant success in Kerala, with private buses generating ₹5 million in ticket sales each month. With the new investment, the company plans to further enhance accessibility for commuters, increase transparency for bus operators, and contribute to Kerala’s public transport sustainability goals.
“We aim to provide enhanced convenience, transparency, and sustainability through our platform, creating a better future for public transportation in India,” Priyadarsan added.
With the new funding, Xplor is well-positioned to expand its footprint and lead the charge in redefining public mobility in India.
