Bounce raises $72 mn led by B Capital Group, Falcon Edge Capital - News Summed Up

Bounce raises $72 mn led by B Capital Group, Falcon Edge Capital


BENGALURU: Two-wheeler rental startup Bounce raised $72 million in its series C funding round led by global technology fund B Capital Group and Falcon Edge Capital, a New York-based hedge fund. Accel Partners India, Accel Partners USA, Chiratae Ventures, Maverick Ventures, Omidyar Network India, Sequoia Capital India and Qualcomm Ventures, the investment arm of Qualcomm Inc, also participated in the round. With this round, Bounce has raised more than $92 million in funding. Prior to this, it had raised $8 million in the Series B round of funding led by Chiratae Ventures. In August last year, Accel Partners India, Omidyar Network India, and Sequoia Capital led a $10.2 million Series A funding round.


Source: Mint June 17, 2019 18:00 UTC



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