Scooter-sharing start-up Bounce plans expansion, eyes global foray

Bounce, a motorycle and scooter sharing start-up, which recently raised $105 million (Rs 750 crore), plans to expand in this country and also get into markets abroad.

“We have been successful in proving this is a solution that appeals to a very large population. Our efforts would be to scale up to 10-12 major cities and 100 smaller cities in the coming few quarters,” said Anil G, chief operating officer and co-founder. “We believe (tapping) smaller cities is a big opportunity, as they don’t have all the (transportation) facilities like in big cities.”

It is now in Bengaluru and Hyderabad, besides six smaller cities, including Mangaluru and Vijayawada. It now aims to enter Maharashtra, Gujarat, Rajasthan and the NCR.