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Indus, JSA, SAM, Algo, Samvad act on App-based scooter rental startup Bounce fundraise

Bar & Bench

App-based scooter rental startup Bounce has raised $97 million (Rs 692.39 crore) in Series D funding round, led by Facebook co-founder Eduardo Saverin’s venture capital fund B Capital.

Bounce has also received investments from companies like Sequoia Capital, Accel Partners India and Chiratae Partners, besides new investors Omidyar Network, Vistra ITCL, SCI Investments and Qualcomm Ventures, reported ET.

IndusLaw acted for Wickedride Adventure Services Private Limited, Accel India V (Mauritius) Limited, ON Mauritius, Qualcomm Asia Pacific and the team was led by Senior Partner Srinivas Katta along with Partner Pallavi Kanakagiri, Associates Anantha Krishnan Iyer and Abhishresth Goswami.

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