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Micromobility company Lime reports first profitable year, mulls IPOFounded in 2017, Lime runs electric scooters, electric bikes and electric mopeds in various cities around the world.- ETtech Exclusive: Bounce goes for second round of layoffs as demand for mobility lagsA top executive at Bounce said the on-demand two-wheeler rental service still has around $70 million in cash from its previous funding roun...
- Accel Growth and B Capital lead $105m lap in BounceBounce said it plans to use the fresh capital to build electric vehicle infrastructure, for multi-city expansion and scaling up tech infras...
- 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.
- Tenacity of Snapdeal founders makes them 'Comeback Kid' in ET Startup Awards 2019The company has moved away from competing with Amazon and Flipkart and is focused on what it calls value-conscious customers.
- 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.
- IIT Kharagpur develops local cycle-sharing systemHousing ministry will fund production phase of the smart lock developed by the IIT Kharagpur.
- Uber ties up with electric cycle sharing app YuluYulu is a dockless, lithium-powered scooter focusing on the sub-5 km first- and last-mile connectivity, the same market which Ola backed Vo...
- 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.
- Mobycy drives into e-bike sharing spaceAkash Gupta, cofounder of Mobycy, told ET that the first set of 100 electric scooters were already on the streets and this would soon be ex...
- Bike-share pioneer Ofo flirted with bankruptcy as cash dried upDai, a Peking University PhD dropout, founded Ofo in 2014 with four other students and built their cycling project into a company that oper...
- 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.
- Bounce raises $3 million in debt financing from venture debt firm InnoVen CapitalThe investment comes less than 2 months after Bounce last raised over $12 million from Sequoia Capital and Accel in August.
- Metro Bikes raises Series A investment of $12.2 millionThe company has also announced the change in its brand name to "Bounce".
- Pedal power: How Mobycy is using tech to make bicycling relevant in IndiaMobycy, India's first dockless bike sharing app, is now looking to take advantage of the technology at our disposal and turn this back arou...
- Bike-sharing platform Mobycy in talks to raise $3 millionMobycy plans to use the funds to foray into e-bikes and e-scooters on its platform, claiming to be the first one in the country to do so.
- Bike-sharing company Ofo clocked 1.1 million ridesChinese unicorn to spend a big portion of its newly-raised $866 million on scaling ops.
- Delhi can make cycle-sharing work; heat, air pollution are just excusesWhat Delhi is lacking is a political will to implement a public bike-sharing system and a master plan with clearly defined objectives and i...
- Bike-sharing startups go the last mileFounders say unsafe roads, lack of cycle lanes and hostile weather are not obstacles to getting people pedalling; 10 apps have been rolled ...
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