Instago
A meta travel aggregator app for road transportation.
| Date | Investors | Amount | Round |
|---|---|---|---|
$500k | Seed | ||
| Total Funding | 000k | ||
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Instago Private Limited operated as a metasearch platform in the intra-city transportation sector, based in Gurugram, India. Founded in 2015 by Nakul Khanna, Anmol Ahlawat, and Aneesh Seth, the company aimed to simplify urban travel. The firm's mobile application allowed users to compare various modes of transport, including on-demand taxis, auto-rickshaws, public transit, and self-drive options, on a single interface. Users could view real-time estimated times of arrival and fare details from multiple service providers like Ola and Meru, and were then redirected to the respective merchant's app to finalize a booking.
The company's core offering was an application that aggregated data from multiple transport agencies and commuter-generated content to provide real-time information. This enabled users to compare prices and availability for their city travel needs, with the primary benefit being the convenience of assessing all options in one place. Instago's business model focused on providing a comprehensive overview of transport choices to streamline decision-making for commuters.
In July 2016, the company secured $500,000 in an angel funding round led by investor Ramit Sethi. This represented the only funding round for the startup. Corporate records indicate the legal entity, Instago Private Limited, was incorporated on June 13, 2016. According to filings with the Ministry of Corporate Affairs, the company's last annual general meeting was held in December 2018, with the last balance sheet filed for the fiscal year ending March 31, 2018. The company is now listed as out of business, with a 'Strike Off' status, indicating it has ceased operations.
Keywords: urban mobility, travel aggregator, multimodal transport, transportation comparison, intra-city travel, ride-sharing aggregator, public transport app, last-mile connectivity, transport booking, fare comparison, real-time ETA, Gurugram startup, Nakul Khanna, Anmol Ahlawat, Aneesh Seth, metasearch engine, daily commute, smart mobility, transport options, ride-hailing comparison