Company Intelligence Profile
Chalo Mobility Private Limited
Chalo Mobility Private Limited operates the "Chalo" bus-mobility platform, providing live bus tracking, digital ticketing, and SaaS/ITS software to Indian city bus operators and state transport undertakings.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Chalo Mobility Private Limited |
|---|---|
| CIN | U72900MH2014PTC254181 |
| PAN | AAACZ7443D (source: Tofler; not independently corroborated by a second source - partial) |
| Status | Active |
| Listing | Unlisted (private limited company; not listed on any stock exchange) |
| Incorporated | 12 March 2014 (confirmed - Tofler, TheCompanyCheck agree) |
| ROC | RoC Mumbai / Maharashtra (Tofler says "Maharashtra", TheCompanyCheck says "Mumbai" - same RoC, minor label variance) |
| Sector (NIC) | Computer Related Services / Internet-Online Service Marketplaces (NIC: software development & publishing of computer operating systems, per Tofler); TheCompanyCheck classifies as "Internet/Online Service Marketplaces". Business: bus-mobility SaaS/ticketing platform (live bus tracking, e-ticketing, fleet/ETA software for public transit). |
| Registered address | F610 and F611, Tower 02, Seawood Grand Central Mall, Sector 40, Thane, Navi Mumbai, Maharashtra, India - 400706 (confirmed - Tofler and TheCompanyCheck agree) |
| Authorized capital | ₹6.4 Cr per Tofler vs ₹6.9 Cr per TheCompanyCheck - source conflict, likely reflects different snapshot dates (capital may have been increased between the two data pulls). Not fully reconciled - report as "₹6.4-6.9 Cr (source conflict between Tofler and TheCompanyCheck, likely a recent increase)". |
| Paid-up capital | ₹3.4 Cr (Tofler) vs ₹3.55 Cr (TheCompanyCheck) - similar minor conflict, likely timing difference. Report as "~₹3.4-3.55 Cr". |
Business Overview
ConfirmedChalo (operating entity: Chalo Mobility Private Limited, formerly Zophop Technologies Pvt. Ltd.) is a mobility-tech company providing live public bus tracking, digital bus ticketing (ETIM/QR-based), and SaaS/ITS (Intelligent Transport System) solutions to State Road Transport Undertakings (SRTUs) and city bus operators across India. Its consumer-facing "Chalo" app lets commuters track buses in real time and buy tickets; on the B2G/B2B side it supplies fleet-management, fare-collection and analytics software to transit authorities. DPIIT-recognized startup; ~198 employees (as of Sep 2024, per TheCompanyCheck). Website: chalo.com (title tag confirms "Live Bus Tracking, Buy Bus Tickets Online | Chalo App India").
Directors
Partial / conflictingBoard (per Tofler and TheCompanyCheck, cross-checked):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vinayak Bhavnani | 07063010 | - | - |
| Mohit Kumar Dubey | 01650582 | - | - |
| Prashant Kumar Gulati | 03641741 | - | - |
| Nitin Nayar | - | Nominee Director, appointed 05 Nov 2025 per TheCompanyCheck only; DIN not obtained | 05 Nov 2025 |
Financials
Partial / conflictingFY ending 31 March 2025 (standalone, per Tofler):
| Revenue | ~₹150-200 Cr range disclosed publicly (exact figure paywalled); TheCompanyCheck states ₹155.15 Cr (+4.00% YoY) for FY2025 - these are roughly consistent, so treated as confirmed at ~₹155 Cr |
|---|---|
| EBITDA | not obtained (paywalled on both sources) |
| PAT | not obtained (paywalled); Tofler shows "Net Profit Margin: 28.84%" which if applied to ~₹155 Cr revenue implies rough PAT in the ₹40-45 Cr range, but this is an inferred estimate, not a disclosed figure - do not treat as confirmed |
| Net worth | not disclosed; YoY networth change -6.4% (Tofler) |
| Borrowings | not disclosed in absolute terms; YoY borrowings growth +13.8% (Tofler); open charges total ~₹121.25 Cr, satisfied charges ~₹95 Cr (TheCompanyCheck) |
| Other ratios (Tofler, standalone, FY25) | Operating Margin 39.71%, ROE 15.98%, ROCE 84.14%, Debt/Equity 0.11, Asset growth +5.01% |
Standalone vs consolidated: appears to be standalone company-level filings; parent entity is Chalo Mobility Pte Ltd (Singapore, formerly Zophop Technologies Pte Ltd) per TheCompanyCheck - no consolidated group financials found.
Charges / Loans
ConfirmedActive/open charges (source: TheCompanyCheck), approx totals - individual entries per Tofler with dates:
- The Hongkong and Shanghai Banking Corporation Ltd (HSBC) - ₹25.0 Cr (29 Sep 2025)
- Axis Trustee Services Limited - ₹20.0 Cr (30 Jul 2025)
- Vistra ITCL (India) Limited - ₹20.0 Cr (08 May 2025)
- Unity Small Finance Bank Limited - ₹10.0 Cr (03 Mar 2025)
- Small Industries Development Bank of India (SIDBI) - 2 charges totaling ₹16.0 Cr (12 Feb 2025 and 31 Jan 2024)
- Yes Bank Limited - ₹4.0 Cr (22 Apr 2022)
- Standard Chartered Bank - ₹0.2 Cr (12 Oct 2022)
Total open charges ~₹121.25 Cr; satisfied charges ~₹95 Cr (TheCompanyCheck, aggregate figure, not itemized). Confirmed via Tofler charge-level detail.
Legal Proceedings
Partial / conflictingPer IndianKanoon (55 total indexed results for the company name, 2012-2026 span, mostly 2022-2024):
- Chalo Mobility Private Limited vs Ebixcash Mobility Software India Limited - commercial arbitration proceedings, Bombay High Court, 2022-2023.
- Chalo Mobility Private Limited vs Rajesh Sharma & Anr - commercial suit, Delhi High Court, filed 2019, proceedings through 2024 (Justice Sanjeev Narula).
- Chalo Mobility Pvt. Ltd (formerly Zophop Technologies) vs The State of Madhya Pradesh - writ petition, Madhya Pradesh High Court, filed 2024, hearings Oct-Dec 2024.
Note: company was formerly named "Zophop Technologies Pvt. Ltd." - relevant for matching older case records.
Competitors
Partial / conflictingNamed peers in the India public-transit-tech / bus-mobility SaaS space (rough scale tags, not independently verified against Chalo's exact revenue):
- Shuttl (workplace/corporate bus commute SaaS + shuttle service) - similarly scaled mobility-SaaS startup
- Zeelo (UK-origin but operates in transit-SaaS space; smaller India footprint)
- Yulu (micro-mobility, adjacent segment, larger consumer scale)
- Ridlr (bus/transit info app, acquired by Ola - smaller/dormant)
- Moovit (transit info app, global scale, larger user base but different revenue model - part of Intel/Mobileye)
- Trans-serv / ICT-based transit vendors used by SRTUs (regional, fragmented, smaller individual scale)
These are drawn from general market knowledge of the India public-transit-tech segment, not confirmed via a dedicated competitor-analysis source in this pass.
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