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Two-wheeler rental startup Bounce raised $72 million in its series C funding round led by global technology fund B Capital Group and Falcon Edge Capital, a New York-based hedge fund.
Accel Partners India, Accel Partners USA, Chiratae Ventures, Maverick Ventures, Omidyar Network India, Sequoia Capital India and Qualcomm Ventures, the investment arm of Qualcomm Inc, also participated in the round.
IndusLaw acted for Wicked Ride Adventure Services Private Limited (Bounce), Accel Partners India, Accel Partners USA, ON Mauritius, Qualcomm Asia Pacific Pte. Ltd and the team was led by Partners Srinivas Katta and Pallavi Kanakagiri along with Senior Associate Anantha Krishnan Iyer and Associates Abhishresth Goswami and Adarsh Kumar.
J. Sagar Associates advised B Capital Asia II, Ltd. and the team included Partner Manvinder Singh, along with Anant Mishra, Divyam Sharma and Aman Parnami.
Goodwin Procter advised Falcon Edge India I LP and the team was led by Partner Yash A Rana along with Ananth Lakshman and Abhishek Krishnan.
Shardul Amarchand Mangaldas acted for Maverick Ventures and the team was led by Partners Raghubir Menon and Ekta Gupta, along with Tanya Choudhary and Srishti Maheshwari.
Themis Associates acted for Sequoia Capital India and Chiratae Trust and the team included Siddharth Seshan, Utsav Gandhi, and Shivani Setty.