Thread by @BKartRed

1/n Anti-portfolio forewarning for all them growth VCs out there....:-)

@IntrCity is a journey of India's current optimism and its masses to be served at a world-class quality standard - does it belie this country's imagination that a BUS (yes, BUS!) service can be a Unicorn++?

2/n that a world class bus service can exist in India that parallels @IndiGo6E Airlines: the efficiency, ValueForMoney and comfort that an airline can provide?

@IntrCity is a $5 bill+ company waiting to happen..and this bus is riding the steepest hill at full throttle..(read on)

3/n
IntrCity onboards entire fleet of a top operator. To grow 150% this quarter to meet demand

@IntrCity SmartBus welcomed its first "full fleet onboarding" with a leading operator across 4 states of India, migrating its full fleet to become part of IntrCity SmartBus network.

4/n
This is a milestone in the growth journey as operators see the synergies of working with @IntrCity SmartBus. From signing 2 buses at a time in 2019, we have come a long way!

@on_india @HelionVC

5/n
Message is simple: tech-enabled safety, punctuality and reliability - resonating strongly with travelers and reflected in our NPS of 60. Women travelers now comprise 26% of our bookings, which is one of the highest share in any public ground transportation in India.@IntrCity

6/n
We are now handling 0.5 million transactions per month, with an annualized $80M of consumer spend. The number has exploded m-o-m post Wave 1/2 of Covid and is expected to double by the end of this year.

@IntrCity @NandanNilekani

7/n
With another 180 buses scheduled to upgrade to @IntrCity SmartBus network next month, the fleet is expected to cross 400 by December, extending our leadership as the largest and the most-loved mobility brand of India.

Fin.