VOGO CASE STUDY

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

CEO and Co-Founder : Anand Ayyadurai

VOGO BUSINESS MODEL

Vogo is a Bangalore based startup founded in 2015. Vogo is a vehicle-sharing application that allows customers to book self-drive scooters for rent.

FUNDING

The total funding of Vogo is $157 million.

Aug 2018, it raised $6.5 million in Series A

Dec 2018, it raised $100 million in the Equity round

Jan 2019, it raised $8.9 million in Series B

Mar 2019, it raised $3 million in Debt round

Jun 2019, it raised $3.6 million

Nov 2019, it raised $4 million in Series C

Jan 2020, it raised $31 million in Series C

INVESTORS

OLA, Stellaris Ventures, Matrix Partners, Kalaari Capital, BACQ, Alteria Capital, Lightstone Aspada.

COMPETITORS

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

ESTIMATED ANNUAL REVENUE

$1.2 M

DISCOVER

FOUNDED: 2015

HEADQUATERS: Bengaluru, Karnataka

CEO & CO-FOUNDER : Anand Ayyadurai

REVENUE OF BOUNCE : $1.2 Million

PLAYSTORE RATING: 3.7

EMPLOYEES: 400

RIDERS: 1 million+

RIDES: 5 million+

KM TRAVELLED: 30 million+

HOW VOGO APP WORKS

VOGO application is available on playstore with rating of 3.7

Here is how it works:-

1. Open the VOGO app and find the closest Vogo zone.

2. Select one-way or round-trip based on your need.

3. Head to the Vogo zone.

4. Scan the QR code on the scooter’s handle.

5. Put on your helmet, press the start button, and go!

6. Pay via Paytm, credit/debit card, UPI, or net banking.

FEATURES

Well maintained and sanitized scooters-Latest and High-quality Honda Activas

-Doorstep Delivery

-Helmet provision

-24*7 breakdown assistance

-Affordable plans

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