# Shuttl funding: rounds and investors

> Shuttl has raised $58M across 3 rounds since 2018. Investors include Amazon Alexa Fund, Sequoia Capital and Lightspeed Venture Partners.

Source: https://millionrounds.com/company/shuttl (Millionrounds; every figure on the page links to its filing or article)

India · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Shuttl*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet Logistics

Funding summary Updated 26 Oct 2026

**$58M** raised across 3 rounds since 2018, from 3 sources

**$11M** Series B **$5.0M** Round **$42M** Series C

- **Latest round:** Series C, $42M Oct 2019
- **Step-up i:** 8.4×
- **Investors:** 7 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019

**$11M** Series B

**$5.0M** Round

**$42M** Series C

- **First round:** Series B, $11M
- **Biggest round:** $42M
- **Usual gap between rounds:** 9 months

## The rounds

- **Oct 2019** Series C **$42M** *1 new* Tsusho Corporation Reported by Inc42
- **Apr 2019** Round **$5.0M** *2 new* [Amazon Alexa Fund](https://millionrounds.com/fund/amazon-alexa-fund) Lead [New Atlantic Ventures](https://millionrounds.com/fund/new-atlantic-ventures) Reported by Techcircle
- **Jul 2018** Series B **$11M** *4 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Times Internet](https://millionrounds.com/fund/times-internet) Amazon India/ Dentsu Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2018 **Round** 2019 **Series C** 2019 [Amazon Alexa Fund](https://millionrounds.com/fund/amazon-alexa-fund) L [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [New Atlantic Ventures](https://millionrounds.com/fund/new-atlantic-ventures) [Times Internet](https://millionrounds.com/fund/times-internet) Amazon India/ Dentsu Tsusho Corporation

## Everyone who backed them

[Amazon Alexa Fund](https://millionrounds.com/fund/amazon-alexa-fund) Corporate VC **1** round, led 1

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[New Atlantic Ventures](https://millionrounds.com/fund/new-atlantic-ventures) VC firm **1** round

[Times Internet](https://millionrounds.com/fund/times-internet) Corporate VC **1** round

Amazon India/ Dentsu no record of our own yet **1** round

Tsusho Corporation no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=shuttl).

## Quick answers about Shuttl

### Who invested in Shuttl?

Shuttl's investors include Amazon Alexa Fund, Sequoia Capital, Lightspeed Venture Partners, New Atlantic Ventures and Times Internet, and 2 more on record.

### How much has Shuttl raised?

Shuttl has raised $58M across 3 rounds since 2018.

### When did Shuttl last raise?

Shuttl's most recent round was a Series C of $42M in Oct 2019.

### What was Shuttl's biggest round?

Its most recent round, $42M in Oct 2019, is also its largest on record.

### Who backed Shuttl first?

Shuttl's first round on record, in Jul 2018, was backed by Sequoia Capital, Lightspeed Venture Partners and Times Internet and 1 others.

### What stage is Shuttl at?

Shuttl's latest named round is a Series C, in Oct 2019.

### Where is Shuttl based?

Shuttl is based in India.

### Who led Shuttl's rounds?

Amazon Alexa Fund led the Undisclosed round in 2019.

## Companies like Shuttl

In the same sector, and raised in the last eighteen months.

[**GreenCell Mobility** $124M · Oct 2026](https://millionrounds.com/company/greencell-mobility)[**Airbound** $46M · Aug 2026](https://millionrounds.com/company/airbound)[**Yulu** $104M · Aug 2026](https://millionrounds.com/company/yulu)[**Ather Energy** $245M · Jul 2026](https://millionrounds.com/company/ather-energy)[**Ninjacart** $196M · Jul 2026](https://millionrounds.com/company/ninjacart)[**FirstClub** $78M · Jun 2026](https://millionrounds.com/company/firstclub)

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