2-Wheeler Rental Startup Bounce Raising $80 Mn; Maverick Capital, B Capital to Join as New Investors
23 April 2019 7:15 AM GMT
Bangalore-based Wicked Ride Adventure Services Pvt. Ltd, which operates online rental service for scooters and motorcycles via app called 'Bounce', is
- Existing investor Sequoia and Accel Growth, the fifth growth-stage venture fund of Accel, will together finance the half of the funding round amount at a $200 million post-money valuation.
- Bounce last raised $12.2 million in Series A round of funding in August last year which was led by Sequoia and Accel, closely after which it raised $3 million in debt from InnoVen Capital.
- Founded in 2014, Bounce as earlier known as 'Metro Bikes' and has raised a total of $29.2 millin in funding over five rounds.
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