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VOGO FUNDING
M&A deals rise as startup funding begins to slowConsolidation is also in play as many of these startups are unable to shore up a war chest to fight bigger and more well-capitalised rivals.- Chalo acquires shared mobility startup Vogo in a share-swap dealAs a part of this acquisition, Vogo is switching to electric vehicles across its fleet and will expand beyond two-wheelers and offer other ...
- Shopee quits India in six months; crypto exchanges evaded Rs 81.54 crore GSTSingaporean ecommerce firm Shopee, which launched in India only about six months ago, has already decided to shut its operations here.
- Chalo in talks to acquire two-wheeler rental startup VogoThe development follows Chalo’s acquisition of Amazon-backed Shuttl, a bus service for office goers, last month and after the pandemic disr...
- Mobility startup Vogo gets $11.5 million funding from existing investorsVogo says it will use the funding from inestors Lightrock, Kalaari, Matrix Partners and Stellaris to expand and electrify its two-wheeler f...
- Businesses braced for the catastrophic impact of COVID-19. The blow may have been milderIt was believed that smaller companies cannot absorb the economic impact of COVID-19 and many would simply shut shop. Six months later, it ...
- Bounce close to finalising $100 million funding roundThe term sheet for the deal has been signed and the transaction is expected to close shortly.
- Bike sharing startup Vogo in talks with Goldman Sachs for $50 million; Bounce gets commitment of $75 millionWhile Vogo is in talks to raise $50m from Goldman Sachs, rival Bounce is eyeing $75 million.
- Tiger Global, Vogo in $50 million talksIndia’s fast-growing mobility sector is garnering the interest of global investors.
- Bike-sharing firms move to faster laneThe Bengaluru-based scooter sharing apps claim they are doing a little more than 1,00,000 rides a day combined.
- Bounce is looking to raise $30 million for electric vehicle armExisting investors like Accel, Sequoia, Chiratae and others may lead first round.
- Ride-hailing enters new growth lane as bike mobility takes offMany people in Bengaluru now hire them for short trips instead of calling a cab.
- Bounce raises $72 million from B Capital, Falcon Edge, othersThe investment will fund the startup’s expansion out of Bengaluru into ten new cities over the coming months.
- Mobility startups attract big bucksAnother area seeing investor action is car & bike pooling, where Quick Ride is learned to have got around $15 million from Naspers.
- Ola in talks to pick up 26% stake in carpooling app sRideThis may be the first institutional capital raised by sRide, which has mostly been bootstrapped.
- Dockless bike firm Vogo set for a spin with Ola, Kalaari FundsInvestors are looking at new bylanes for growth as they scout for a new Unicorn ride in Startupland.
- Alteria Capital makes second close of maiden fund at Rs 625 crore; Makes 5th investment in VogoFund is targeting a total corpus of Rs 1,000 crore, with a final close over the next 3-5 months.
- Scooter sharing platform Vogo raises funding from OlaThe round also saw participation by Aprameya Radhakrishna, founder of TaxiForSure, Rajesh Yabaji, founder of Blackbuck and Mayank Bidawatka...
- Ola leads $7 million round in bike-sharing company VogoThree-year-old firm draws in marquee investors like Stellaris Venture Partners & Matrix Partners.
- Standard Chartered to sell SKorean credit card stake: BankBritish bank Standard Chartered agreed to sell its minority stake in South Korean credit card processing company BC Card to private equity ...
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