Bounce develops and provides a smart mobility solution that makes daily commute time-saving and stress-free.
Bounce (formerly known as Metro Bikes) is a smart mobility solution, with a mission of making daily commute stress-free, time-saving, reliable, and convenient.With a breakthrough technology that lets users access the bike with just an OTP, the Keyless bikes, have not only done away with keys, but the whole process of renting a bike has just become devoid of any physical or human intervention. With Bounce's new One Way Rental service, users can now pick up and drop the bike anywhere they need to and be done with the ride. This is aimed at providing a seamless first mile and last-mile connectivity to metro users.Founded in 2014, Bounce aims at decongesting the roads by encouraging commuters to choose public transport by delivering convenient options to rent bikes and reach their destinations from metro stations. It is based in Bangalore, India.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 3, 2020 | Debt Financing | $6.50M | 1 | InnoVen Capital | — | Detail |
Jan 9, 2020 | Series D | $105M | 11 | Accel India B Capital Group | — | Detail |
Jul 3, 2019 | Debt Financing | ₹100M | 1 | Navi Technologies | — | Detail |
Jun 17, 2019 | Series C | $72M | 8 | B Capital Group | — | Detail |
Apr 22, 2019 | Debt Financing | $3M | 1 | InnoVen Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
InnoVen Capital | Yes | Debt Financing |
Accel India | Yes | Series D |
B Capital Group | Yes | Series D |
Navi Technologies | Yes | Debt Financing |
Mauritius Investments | Yes | Series B |
Brun Raschle | — | Series D |
Chiratae Ventures | — | Series D |
Falcon Edge India | — | Series D |
Maverick Ventures | — | Series D |
Omidyar Network | — | Series D |
Bounce has acquired 2 organizations. Their most recent acquisition was ofo India on Nov 28, 2018. They acquired ofo India for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Nov 28, 2018
ofo India
|
Rental | acquisition | — | Detail |
Oct 6, 2021
Twenty Two Motors
|
Automotive | acquisition | — | Detail |