BOUNCE CASE STUDY

BOUNCE CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS

CEO and Co-Founder : Vivekananda Hellekere

BOUNCE BUSINESS MODEL

Bounce is Bangalore based startup founded in  2014. Bounce is a bike rental platform which provide keyless Scooter for rent , you just have to use the OTP to start the scooter, you can pick up the bike from anywhere through Bounce app and derop it at any location once you reached your destination. app provide both short & long ride on rent . Idea of the Bounce came into mind when anil had to wait 12 months for a Royal Enfield after placing order.

FUNDING

Total funding of Bounce is $100.2 million.

April 2019 Bounce raised $72 million in Series C

April 2019 Bounce raised $3 million in Series C

March 2019 Bounce raised $3 million in Series C

Jan 2019 Bounce raised $7 million in Series B

Sept 2018 Bounce raised $3 million

Aug 2018 Bounce raised $12.2 million in Series A

 

INVESTORS

Sequoia Capital India, Accel Partners, Chiratae Ventures, Maverick Capital Ventures, B Capital, Qualcomm Ventures, omidyar Network, Innoven Capital, BACQ. 

COMPETITORS

ONN Bikes, Rapido, WheelStreet, Drivezy, Vogo, Snapbikes, Volercars, Zoomcar, Revv & Rentrip.

CITIES

BANGALORE, JAIPUR, UDAIPUR, MYSORE, BHUJ, AHMEDABAD, MAMPI, BELAGVI,JAISALMER.

DISCOVER

FOUNDED:  2014

HEADQUATERS: Bengaluru, Karnataka

CEO & CO-FOUNDER : Vivekananda Hellekere

REVENUE OF BOUNCE : $3 Million

PLAYSTORE RATING: 4.2

EMPLOYEES : 105

APP

Bounce application is available on playstore with rating of 4.2, which is easy to use, reserving a bike in bounce app is very easy you just have to tap on the book the bike section, select the date you are interested in than select a bike you like & also select the pickup location of your choice , after that reconfirm your selected bike, date and pickup location and you will be taken to the payment gateway. after you make the payment, reservation will be confirmed. 

FEATURES

 

ANYWHERE TO ANYWHERE : pick and drop any where in the city.

FUEL & HELMET INCLUDED

SAVE TIME & SPEND LESSER: fare starting at Rs 5/km & Rs 0.5/min. 

Thanks for reading

BOUNCE CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS

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