Founded in 2014, Bounce began as Wicked Ride, a premium motorcycle rental platform, before pivoting to dockless scooter sharing and ultimately evolving into a full-stack electric mobility firm. The company now manufactures its own Infinity electric scooters and provides them to gig workers via short- and long-term rental plans, complemented by a nationwide battery-swapping network. At its peak, Bounce operated more than 30,000 scooters across India. Additional services include the “Bounce Daily” rental plan tailored for delivery personnel. In 2021, Bounce deepened its manufacturing capabilities by acquiring EV startup 22Motors in a deal valued at about USD 5 million. For the fiscal year ended March 2025, Bounce reported revenue of INR 64.2 crore, down from INR 88.7 crore in FY24, while its net loss narrowed to INR 28.6 crore from INR 79.4 crore. Prior to the current round, the company had raised roughly USD 227 million from investors such as Accel, Peak XV Partners, B Capital, Chiratae Ventures, Falcon Edge, Qualcomm Ventures, Omidyar Network and Maverick Capital.

Total raised

$202M

Funding rounds

7

Latest round

Equity

Latest activity

Mar 2026