Bounce

company

About

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

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

Employee Profiles

Number of Employee Profiles
13
Bounce has 13 current employee profiles, including Executive Nishchay AG
Executive
Board member
Board member
Executive

Acquisition

Bounce has acquired 2 organizations. Their most recent acquisition was ofo India on Nov 28, 2018. They acquired ofo India for 0.

Date Company Name
Industry Acquisition Type Price
Nov 28, 2018 ofo India
Rental acquisition Detail
Automotive acquisition Detail