InnoVen adds $6.5 million to Bounce

BENGALURU: Bounce has raised $6.5 million in debt from InnoVen Capital taking the venture debt fund’s total investment in the Scooter-sharing startup to $12 million.

Bounce will deploy the cash to invest in electric vehicle infrastructure.

Since inception, the firm has raised over $200 million across multiple funding rounds led by Accel, Sequoia India, Falcon Edge among others.