Cityflo parent and Globus Trans form joint venture to enter state-run bus transit sector

Komorebi Tech Solutions, the parent company of
urban mobility
platform
Cityflo
, has announced a joint venture with
Globus Trans Solutions
LLP to operate in the
state government-run bus transit
ecosystem.
Urban Glide
is a joint venture with Globus Trans Solutions LLP, founded by public transport veteran Victor Nagaonkar—who led operations at BEST for over four decades—along with Sunil Solanki, a seasoned
public transit
veteran with extensive supply and operational experience across public transit companies like PMPML.
Urban Glide will begin operations with 500
electric buses
in its first year, reinforcing India's focus on disrupting public mobility by making it accessible and sustainable. India is expected to lead the world's largest electric bus transition. Over 200,000 state-owned buses are being inducted into public-private operations under the Gross Cost Contract (GCC) model—a Rs 1,00,000 crore annual opportunity that is reshaping the country's urban transit landscape.
'We believe this will be one of urban India's most consequential infrastructure transitions. The opportunity is not just operational but generational. India is going to move over 200 million people a day on zero-emission, clean, well-run buses. Urban Glide is our commitment to building at the scale and standard that this moment demands,' said Jerin Venad, CEO of Cityflo.
India's public bus ecosystem—run largely by State Transport Undertakings (STUs)—has struggled with funding gaps, ageing fleets, and subpar commuter experiences for decades.
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The GCC framework redefines this structure by entrusting service delivery to experienced, specialized private fleet operators while the state retains control over routes and fare policy. This model has already seen long-standing success in global transit hubs such as Singapore and the UK, where players like ComfortDelGro and Stagecoach have helped deliver high-reliability, high-frequency services under similar PPP frameworks.
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In India, with thousands of electric buses currently under procurement, Urban Glide is designed specially to meet this at scale —with asset lifecycle control, professionalised operations and driver management, data-led route and cost optimizations and embedded safety and compliance protocols.
'We have seen this move in other sectors: regulation opens, capital flows in, and the incumbents are those who can build at scale. Public transport is now getting its Jio moment,' added Venad.
Urban Glide will take charge of its first 150 buses across MMR, with plans to expand operations across the country as more GCC contracts are awarded. With long term contract tenures and fare collection handled by the state, the model is inherently built to mitigate risk for operators. Government subsidies on EV operations and the first phase of a Payment Security Mechanism (PSM) are already in place—encouraging participation from credible players.
Cityflo's entry signals that the next phase of Indian mobility is not just about building new apps or taking on expensive transit infrastructure —but about building dependable, scalable public systems that can lift daily life for millions. The public transit opportunity is now both economically viable and socially essential—and Urban Glide aims to lead from the front.

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