EV startup Bounce closes $5 million internal round
EV startup Bounce closes $5 million internal round is drawing significant interest across the industry.
Bounce has raised $5 million in an internal funding round from existing backers, founder Vivekananda Hallekere said. The electric mobility startup, which manufactures scooters and manages fleets, previously pivoted from rentals after Covid-19 pandemic. For FY25, revenue fell, but net loss narrowed, according to Tracxn.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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