Tag: scooter rental

Bounce lays off 120 employees to conserve capital

by HrNxt Newsdesk • March 19, 2020

Bengaluru-based scooter rental startup Bounce has recently laid around 20% of its workforce in as a cost-cutting measure, as an Entrackr report. Most of these lays are from mid and senior-level with high salary packages. According to the report, the company has decided to let go of about 120 employees primarily from an internal project…

Scooter rental start-up Bounce gets a ‘bounce’ of $150mn

by HrNxt Newsdesk • December 2, 2019

Indian scooter rental start-up Bounce raised $150 million in an ongoing funding round led by its existing investors Eduardo Saverin’s B Capital and Accel Partners India. The current financing round, dubbed as Series D funding raised the market value of Bounce to $500 million. Earlier this year in June, during its Series C funding, the…