company logo
Bounce is a bike-sharing startup that offers customers a last-mile commute option with its current pricing of Rs 5 per kilometer and Rs 0.5 per minute.
Basic Information
Bounce is a bike-sharing startup that offers customers a last-mile commute option with its current pricing of Rs 5 per kilometer and Rs 0.5 per minute. Started in 2014, Bounce was initially called Wicked Ride and offered premium bikes on rent. The startup presently has a fleet size of 19,000 bikes, of which 13,000 are dockless scooters available in several cities. The platform provides users access to the keyless bikes with an OTP they ensure that the whole process of renting a bike has become devoid of any physical or human intervention. In 2019, Bounce completed five million rides within ten months of commencing operations.
Legal Name
:
Wickedride Adventure Services Pvt Ltd
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
B2C  
Founding Date
:
2014
No. of Employees
:
501 to 1000
Core Team
:
1.  
Vivekananda Hallekere
Founder & Chief Executive Officer
2.  
Anil G
Co-Founder & Chief Operating Officer
3.  
Varun Agni
Co-Founder & Head of Products & Technology
4.  
Bharath Devanathan
Senior Vice President, Growth & Electric Vehicles

See More

Funding
Investors
:
1.  
Mauritius Investments
2.  
B Capital Group
3.  
Sequoia Capital India
4.  
Accel

See More

Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7
Round 8
Round 9
Round 10

$12.2M

Series Name
:
SERIES-A
Date
:
Aug 2018
Investors
:
1.  
Sequoia Capital India
2.  
Accel
3.  
Raghunandan G