Vogo Automotive raises $19.5 million in Series C funding

Date posted: Thursday 12 March 2020

Vogo Automotive, an on-demand personal mobility company, announced the closing of its Series C at a fundraiser where it raised $19 million (around ₹136 crore). The round was led by LGT Lightstone Aspada which also saw participation from existing investors Matrix Partners India, Kalaari Capital and Stellaris Venture Partners. The investment would be used to help Vogo expand its presence pan India as well as further strengthen its proprietary IoT (Internet of Things) technology, as per the company.

(The Hindu)