Bike Rental Startup Bounce Raises $3 mn From InnoVen Capital

Date posted: Tuesday 23 April 2019

Six months after raising $3 mn from Innoven Capital, Bengaluru-based two-wheeler rental startup Bounce has raised another $3 mn in debt funding from InnoVen. With a fleet of 5,000 keyless bikes in Bengaluru, the company will use this fund towards the expansion plans and will also increase its density and penetration in the city.

(Inc42)