Bounce

About

Bounce develops and provides a smart mobility solution that makes daily commute time-saving and stress-free.

Bangalore,Karnataka,India
501 - 1000
https://bounceshare.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $12.20M
Industries: Last Mile Transportation,Recreational Vehicles,Rental,Ride Sharing
Founded date: Jan 1, 2014
Number Of Employee: 501 - 1000
Operating Status: Active
Legal Name: WICKEDRIDE ADVENTURE SERVICES PVT. LTD.
Also Known As: Metro Bikes,Bounceshare,Wickedride

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.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

9

$205.70M ₹600M

Bounce has raised a total of $205.70M ₹600M in funding over 2 rounds. Their latest funding was raised on Mar 3, 2020 from a Debt Financing round.

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

Investors

Number of Lead Investors

Number of Investors

13

17

Bounce is funded by 17 investors. InnoVen Capital and Accel India are the most recent investors.

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