Hiyo Secures $20 Million Funding to Revolutionize Event Commutes in Bengaluru

Hiyo, the innovative event-based cab-sharing platform, has successfully raised $20 million in its latest funding round, signaling strong investor confidence in its unique approach to enhancing the event experience. Founded to make event attendance smarter and more efficient, Hiyo connects users with co-attendees traveling to the same event, such as concerts, conferences, or social meetups. This not only helps attendees save on transportation costs but also fosters social connections, allowing users to mingle and network before their events even begin. With new funds in hand, Hiyo plans to expand its services beyond its current operations in Bengaluru, aiming to reach more cities across India. The investment will be pivotal in enhancing the app's technology, improving user experience, and executing marketing strategies to attract a broader audience. By streamlining transportation logistics and making the event experience more enjoyable, Hiyo is set to redefine how people attend events, making it easier to reach the right venue on time while also connecting with like-minded individuals. As live events regain momentum post-pandemic, Hiyo stands poised to capitalize on this resurgence, transforming the way we think about and travel to our favorite events. Investors are excited about Hiyo's potential to change the landscape of event attendance, making it both economical and socially rewarding.