Tummoc, a leading MaaS Platform offering multimodal transit planning has raised an undisclosed amount from The Chennai Angels as a part of its pre-Series A funding round. The round saw participation from other notable investors as well.
The funds raised will be used to accelerate product development, expand global transit projects, and drive growth in new markets. The funds will also used to scale its operations for strong O3 and O4 performance, while enhancing operational efficiency through data-driven deployments in Indian Tier-II and Tier-III cities.
Hiranmay Mallick, CEO of Tummoc said, “At Tummoc, we envision seamless multimodal transit for commuters everywhere, and this support will help us scale our offerings, especially in evolving markets. We thank The Chennai Angels for believing in our mission, and together, we are on track to redefine urban transit, both in India and globally.”
Investment Director from The Chennai Angels, Damodaran (Dan) Venkatesan said, “With the increasing focus in India on integrated transportation between newer public transport and preexisting models, physical and fare integration between these models become critical. Tummoc is addressing a critical gap by providing a patented Tech solution for Digital ticketing and comprehensive trip planning. We, at The Chennai Angels are excited to be part of this impactful journey with Tummoc.”
Founded in 2016 by Hiranmay Mallick, Monalisha Thakur, and Narayan Mishra, Tummoc is a multimodal transit-tech platform, offering first mile to last mile mobility solutions.
With over 4 million users across 22 cities, Tummoc simplifies multimodal transit planning through digital ticketing and route optimization technologies. The platform enables users to plan, track, and book public and private transport via a single app.
Tummoc’s innovations include seamless digital ticketing for public transport in Delhi, Bengaluru and Goa. Its patented “all-in-one ticketing solution” has been live in Delhi and the platform has had digital BMTC bus passes in Bengaluru for nearly three years now.
The platform is expanding its services to more cities and has ventured into global markets with white-label transit solutions. Tummoc is currently building an app for the Dhaka Metro as a part of a white-label project. Tummoc also offers white-label solutions tailored to transit systems worldwide.
