Vogo Automotive, an on-demand transportation solutions provider, announced raising $20 million in a funding round led by LGT Lightstone Aspada. Existing investors such as Matrix Partners India, Kalaari Capital and Stellaris Venture Partners also participated in the current funding round. As per the regulatory filings, the funds will be utilised to help Vogo expand across […]
Tag: Sanchit Mittal
Vogo, an Automated Scooter Rental Startup, has raised around $35 million in its Series C round led by impact investment fund Lightstone Aspada along with participation from existing investors, according to two people familiar with the matter. Vogo declined to comment for this story. The company was founded by Anand Ayyadurai, Padmanabhan Balakrishnan and Sanchit […]
India’s leading ride-hailing company Ola has decided to invest an additional $100 million in scooter-sharing startup Vogo, this new funding will help the firm to expand its current fleet. The scooter-sharing startup started its service eight months ago with 2000 scooters in Bengaluru and Hyderabad, now with this new funding, the firm can acquire 100K new scooters that […]