Vogo, the Bengaluru-based scooter sharing startup, announced it has raised $11.5 million from existing investors Lightrock, Kalaari, Matrix Partners and Stellaris Venture Partners as an extension of its Series C round. The startup will use the capital to expand and electrify its two-wheeler fleet and strengthen its product line to cater to post-pandemic users. The…
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…
Vogo, India’s first automated scooter rental startup, has raised Rs 28.3 crore in the ongoing Series C funding round from existing investors Matrix Partners, Stellaris Venture Partners, and Kalaari Capital. The company was founded by Anand Ayyadurai in 2016. Earlier in June 2019, VOGO also secured an undisclosed amount from former Myntra CEO Ananth Narayanan,…
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…