The two funds involved in Busfor’s latest capital increase operation are major players on the Russian private equity scene. Last year the company launched bus trips under its own brand.īusfor has also entered the Thailand market, with a dedicated platform offering bus and ferry tickets between the country’s main cities and resorts. Thus customers may purchase a ticket from Lviv (Lvov), to Warsaw for just €8 or from Prague to Madrid for €135. The site is used by two million customers every month.īeyond its native Ukrainian and Russian markets, Busfor now serves a variety of destination across Europe. “We have made it a safe way of transportation and created an online platform for it,” the company’s press service told Ukraine Digital News.īusfor says that its website offers bus tickets to more than 300 directions served by 5,000 bus companies. ![]() Presenting itself as “an Uber for buses, but with quality control,” Busfor aims to change what has been mostly a grey and offline market so far. ![]() ![]() Launched in Ukraine in 2010, the company - previously known as Gillbus - had previoulsy received financial support from Intel Capital, InVenture Partners and FinSight in 2014, and from Ukraine’s Chernovetskyi Investment Group (CIG) in 2015. Busfor, an online bus ticketing and distribution platform based in Kyiv (Kiev) and Moscow, has just raised $20 million from private equity funds Baring Vostok Capital Partners and Elbrus Capital.
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