Bengaluru-based two-wheeler rental platform Vogo is raising $19.1 Mn (INR 137 Cr) in its Series C funding round led by Financial Investments SPC. Existing investors Matrix Partners and Kalaari Capital are also investing in Series C round again. According to filings, the company has increased its ESOPs pool to 34,635 stocks. While 29,130 ESOP stocks are going to be allotted to Vogo’s employees, 5505 ESOPs will be given to Vogo’s directors which will be appointed by Ola’s parent company ANI Technologies Private Limited.
Vogo Is Raising $19.1 Mn Series C Round; Expanding Its ESOPs Pool
Date posted: Monday 24 February 2020