In the last few months, Bounce has seen a steady rise in the number of daily rides and now has reached 35% of its pre-Covid numbers. Shared mobility platform Bounce on Friday said it plans to add 4,000 e-scooters on its platform by February and transition to a 100% electric vehicle fleet by the third […]
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India has been actively pushing for a shift to electric vehicles in its pursuit to bring down oil imports and curb pollution. The intent is to electrify all new vehicles by 2030 and the government is asking auto manufacturers to draw up plans for … BENGALURU: Ola Electric has appointed automobile industry veteran and former […]
Existing investors like Accel, Sequoia, Chiratae and others may lead first round. Bengaluru: Scooter sharing app Bounce plans to raise $30 million exclusively for its electric vehicles subsidiary Zuink Smart Mobility Solutions, and has received in-principle board approval for the same, two people aware of the developments told ET. Existing investors including Accel Partners, Sequoia […]