Tummoc raises funding to boost public transport booking platform

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Tummoc has raises $1.6 million in a pre-Series A funding round to accelerate its mission of transforming public transport in India and beyond. Backed by Finvolve, India Accelerator, The Chennai Angels, and Inflection Point Ventures (IPV), the Bengaluru-based transit-tech startup is set to enhance its patented multi-modal mobility platform. Operating across 22 cities, Tummoc offers real-time tracking, digital ticketing, and seamless intermodal commuting. With this latest investment, the startup plans to advance its Intelligent Transport Management Systems (ITMS), Automatic Fare Collection Systems (AFCS), GTFS feed integration, and contactless payments. The funding will also help scale its operations to Tier 2 and Tier 3 cities, while supporting international expansion. Co-founded by Hiranmay Mallick, Tummoc aims to streamline urban mobility and contribute to India’s smart mobility vision. The capital infusion strengthens its position as a key player in digitizing city transit and solving everyday commuting problems for millions.

1. Tummoc Raises Funding: India’s Leading Transit-Tech Startup Gets a Boost

1.1 What is Tummoc?

Tummoc is a Bengaluru-based transit technology startup offering an integrated public and private transport booking platform. The startup helps daily commuters in 22 cities across India plan, track, and book rides. Tummoc stands out by offering real-time tracking, multi-modal journey planning, and digital ticketing within a single mobile application. Its uniqueness lies in its patented technology, making it the only player in India with such innovation.

1.2 Founders and the Company’s Journey

Tummoc was founded by Hiranmay Mallick, who also serves as the CEO. With a strong background in technology and a deep understanding of India’s chaotic urban transport systems, Mallick set out to address a problem that affects millions. The team behind Tummoc comprises professionals with diverse expertise in transit infrastructure, software development, and user experience design. Their shared goal? To make commuting stress-free, efficient, and sustainable.

1.3 Tummoc’s Services and Tech Stack

Tummoc is more than just a booking app. The startup delivers end-to-end urban mobility solutions such as:

1. White-label applications for transit agencies
2. Intelligent Transport Management Systems (ITMS)
3. Automatic Fare Collection Systems (AFCS)
4. General Transit Feed Specification (GTFS) real-time feeds
5. Contactless payment infrastructure

All of this is backed by a robust tech-first approach that aims to digitize how people experience public transport in India.

2. Funding Background and Recent Developments

2.1 Tummoc Raises Funding: Strategic Investment for Global and Local Expansion

In its latest pre-Series A round, Tummoc raises funding from prominent venture capital players including Finvolve and India Accelerator. This funding round totals $1.6 million and includes participation from The Chennai Angels and Inflection Point Ventures (IPV). The capital will fuel Tummoc’s plans to expand globally and improve operational efficiencies in India’s Tier 2 and Tier 3 cities.

2.2 Purpose of the Fundraising

The newly raised capital will be strategically deployed in three primary areas:

1. International expansion: Launching transit solutions globally to diversify revenue streams
2. Tech upgrades: Enhancing AI-driven data analytics, predictive routing, and machine learning models
3. Deployment in smaller cities: Focusing on digital ticketing infrastructure and operational efficiency in underserved urban pockets

2.3 Tummoc’s Existing Revenue Model

Tummoc earns through commissions on bookings, SaaS-based white-label solutions for government and private transit agencies, and B2B services like ITMS and AFCS installations. Their model is scalable and aligns well with smart city initiatives in India.

3. Market Opportunity and Trends

3.1 Growing Demand for Integrated Mobility

The urban mobility sector in India is evolving rapidly. According to reports, India’s smart mobility market is expected to grow to over $20 billion by 2030. Cities are actively adopting digitized solutions to manage traffic, reduce pollution, and enhance commuter convenience.

3.2 Government’s Push for Digital Mobility

Under programs like Smart Cities Mission and Urban Mobility India, the government is pushing for technology-backed solutions. Tummoc fits perfectly in this landscape with its digital-first, scalable approach.

4. Industry Insights and Competitive Landscape

4.1 Urban Commuting Challenges in India

Indian urban transport faces major issues such as traffic congestion, low last-mile connectivity, and outdated ticketing systems. Tummoc addresses all these problems by integrating private and public modes in a single interface.

4.2 Competing Players and Tummoc’s Advantage

While there are players like Chalo and Ridlr, Tummoc’s patent and full-stack tech offering give it a strong competitive edge. Its ability to integrate multiple transport systems in real-time and offer white-label B2B solutions makes it stand out.

5. Founders’ Vision and Investors’ Confidence

5.1 Investor Sentiments

Ashish Bhatia, Co-Founder of India Accelerator and Finvolve, stated, “We back founders solving real-world problems with future-ready solutions. Tummoc’s tech-first approach aligns with our vision of investing in scalable, transformative ideas.”

5.2 Founder’s Perspective

Hiranmay Mallick noted, “Mobility should be seamless and sustainable. With this funding, we are poised to fast-track our mission to create a digitized transit ecosystem and make commuting effortless.”

6. Learning for Startups and Entrepreneurs

1. Identify large, fragmented problems affecting the masses — Tummoc tackled public transport, a daily struggle for millions.
2. Focus on tech-enabled scalability — their model is flexible for both public and private sectors.
3. Build IP and patents early — Tummoc’s patent provides significant leverage against competition.
4. Attract mission-aligned investors — Their backers support long-term vision and growth.
5. Keep customer convenience at the core — From booking to tracking, Tummoc prioritizes user experience.

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