Flipkart cofounder Sachin Bansal, through his second ventures BAC Acquisitions, has now invested INR 10 Cr ($1.45 Mn) in Bengaluru-based two wheeler rental startup, Bounce. The company aims to solve last-mile connectivity problem. It allows users to pick up scooters from locations closest to them and drop them at end-trip spots, priced by the hour and distance. The company claims to have deployed a fleet of over 5000 keyless scooters in Bengaluru.
Sachin Bansal’s BAC Acquisitions Pours In Another $2 Mn Debt Funding Into Bounce
Date posted: Thursday 4 July 2019