Bike Sharing Startup Bounce Has Raised $6.5 Million In Funding
Bounce has raised $6.5 million in debt funding from its existing investor, InnoVen Capital. Bounce is a Bengaluru-based, self-drive bike rental startup, founded by Anil G, Varun Agni, and Vivekananda Hallekere. The company will use the funding to improve its electric vehicle infrastructure. Bounce will also utilize the funds to expand into […]
Yulu To Improve Bike Design After Reports Of Being Unsafe
Yulu, a micro-mobility startup has been blamed for being unsafe. Special commissioner of Delhi Police (traffic), Taj Hassan, has raised his concerns over minors using Yulu bikes without helmets. Taj Hassan said, “These bikes are largely used for joyrides by people and are not serving the actual purpose of last-mile […]