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Bounce raises funds from InnoVen for EV integration, expansion
By : Sustainability ..., Mar 4, 2020
App-based two-wheeler rental startup Bounce has raised $6.5 million from venture debt investor InnoVen Capital, taking its total debt funding from the investor to around $12 million. This is InnoVen’s third investment in Bounce in 18 months. The fresh funding will be used for...Read more..
Subject Tags: Bounce , debt financing , electric vehicle (EV) , Innoven Capital
Bengaluru-based bike rental start-up Bounce raises over $100 million in funding
By : Sustainability ..., Jan 24, 2020
Bengaluru-based start-up Bounce, on Thursday, announced that it had raised an additional $105 million (₹746.33 crore) in its Series-D funding round. The funding was co-led by existing investors Eduardo Saverin from B Capital and Accel Partners India, TechCrunch reported. The...Read more..
Subject Tags: Bounce , electric vehicle (EV) , funding , startup
Bounce has 100k rides per day in Bengaluru, users complete 70 mn kms till date
By : Sustainability ..., Oct 23, 2019
App-based two-wheeler rental startup Bounce, which lets commuters to pick and drop scooters anywhere within city limits, has hit 1 lakh daily rides in Bengaluru in October, up from around 60,000 rides in July, according to a top company executive. Bounce currently offers...Read more..
Subject Tags: Bounce , electric vehicle (EV) , public transport , share economy , traffic congestion