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. See more

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

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Funding

Investors

:

1.

Mauritius Investments

2.

Navi Technologies

3.

B Capital Group

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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