Wicked Ride is a leading bike sharing company in India, offering luxury rentals and aiming to revolutionize urban mobility through technology. The company launched Bounce, India's first smart urban mobility solution, designed to alleviate daily commute challenges by providing stress-free, time-saving, reliable, and convenient options. With the introduction of the One Way Rental service, users can pick up and drop off bikes at their convenience. This initiative is geared towards saving commuting time and reducing road congestion, promoting the use of public transport by offering seamless First Mile and Last Mile connectivity solutions. Currently operational in 17 cities, Bounce plans to expand its services further.
Notable recent developments include securing a $3M grant from Innoven Capital and a $12.2M Series A funding round led by Sequoia and Accel. Additionally, in 2018, Bounce obtained exclusive rights to provide "First Mile - Last Mile" connectivity for the Bangalore and Hyderabad metro systems. These milestones underscore the company's growth and commitment to enhancing urban mobility in India.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | - | 06 Oct 2020 | |
Venture - Series Unknown | Unknown | - | 30 Nov 2018 | |
Venture - Series Unknown | Unknown | - | 30 Sep 2018 | |
Venture - Series Unknown | Unknown | - | 22 Jun 2018 | |
Venture - Series Unknown | Unknown | - | 20 Feb 2018 |
No recent news or press coverage available for Wicked Ride.