Bike Rental Startup ‘Bounce’ Plans To Add 4,000 E-Scooters By Feb

Bounce Founders: Anil G, Varun Agni, and Vivekananda Hallekere
Shared mobility startup- Bounce

Bounce, a shared mobility startup, said it plans to add 4,000 e-scooters on its platform by February. The startup also plans onto transition to a 100% electric vehicle fleet by the third quarter of FY22.

The startup has resumed operations in many cities and Tier-II markets, including Hassan, Mysore, Vijayawada, Bengaluru, and Hyderabad.

And for the last few months, Bounce has seen a steady rise in the daily ride numbers and has reached 35% of its pre-COVID-19 numbers.

Started by Anil G, Varun Agni, and Vivekananda Hallekere in 2014, the startup has built strategic partnerships with several OEMs in the electric and battery space to achieve this green vision.

Talking about EVs adoption, Hallekere said,

“We always believed that widespread adoption of EVs will happen only by fleet operators as the backend infrastructure can be built before fleet deployment, thus solving the catch-22 situation. When COVID-19 impacted business, we took advantage of the period to accelerate our EV adoption strategy.”

Working towards making its rides carbon neutral by 2022, Bounce aims to address the ever-growing, highly inadequate commute requirement in a green, sustainable, and climate-friendly manner.

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