Argus Partners acts on Bounce Infinity Series F fundraise

Bounce Infinity (WickedRide Adventure Services Private Limited) has raised ₹36 crore from a Series F fundraise, which saw participation from existing investors Accel and B Capital.

Argus Partners advised Accel on their participation in the fundraise.

The transaction team consisted of Anantha Krishnan Iyer (Partner), and Associates Shubham Tiwary and Nivrithi Kumar.

Bounce Infinity is a full-stack B2B electric vehicle rental platform focused on last-mile delivery for India's gig economy. Founded in 2014 by Vivekananda Hallekere, Anil G., and Varun Agni, Bounce began as a bike rental platform before pivoting to electric scooter manufacturing following its acquisition of 22Motors in 2021.

The fresh capital will be used to support Bounce in its next growth phase, to scale EV infrastructure for India’s gig economy.

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