FlixBus, a travel-tech company, is set to collaborate with local bus operators. The partnership aims to leverage FlixBus's proprietary tech platform, empowering local bus operators to improve and streamline their business operations.
The company is seeking to tap into the opportunities provided by the government's initiative to increase the number of airports in India by adding 80 airports over the next three years, taking the number to 220 by 2025
The company reported an adjusted EBITDA of Rs 63 crore in the first half of FY2023 in its filing with Securities and Exchange Board of India (Sebi) in an update to its Draft Red Herring Prospectus (DRHP)