Two-wheeler rental service provider Bounce Tuesday said it has raised USD 3 million from InnoVen Capital, a leading venture debt and specialty lending firm in Asia.
The funds will be used to fund the expansion plans of the company, a release said.
The company, which recently rebranded itself from Metro Bikes to Bounce, had last month raised USD 12.2 million in a Series A funding round led by Sequoia Capital India and Accel Partners.
********************* Bengaluru airport ropes in Unisys to improve pax experience *
********************* Gopal Singh Gusain takes over charge as ED of Union Bank *
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