Mumbai-based bus service provider, Cityflo on Monday raised $750,000 in a funding round led by IDG Ventures. The startup was founded in 2015 by six IIT-Bombay alumni Ankit Agrawal, Jerin Venad, Subhash Sundaravadivelu, Rushabh Shah, Advaith Vishwanath and Sankalp Kelshikar. Cityflo lets users book buses on demand on its Android app by allowing payments through a digital wallet.