Business Standard

Bengaluru's Bounce becomes world's fastest-growing bike-sharing start-up

Start-up clocks 60,000 rides per day; this puts it at par with global players such as scooter-rental companies Lime and Bird

File photo
Premium

Bounce scooters lined up. File photo

Peerzada Abrar Bengaluru
Bounce on Tuesday said that it has reached a significant milestone of 60,000 rides per day in Bengaluru, making it the fastest-growing bike-sharing start-up in the world. Within 10 months of launching dockless scooters in Bengaluru, the firm has completed over five million rides, covering 30 million km. 

The company, which was valued at over $220 million in June this year after raising $72 million in a funding round, said that it is scaling on par with global players, including US-based scooter-rental companies Lime and Bird.  

"We are absolutely stoked by this milestone. This feat would not have been possible

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 31 2019 | 12:55 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com