- Briefing Your roundup of Asian tech and startup news that matter
In brief: E-scooter rental startup Bounce raises $72m from B Capital, others
- India-based Bounce raised US$72 million in a series C round led by Facebook co-founder Eduardo Saverin’s B Capital Group and New York-based Falcon Edge Capital, Livemint reported.
- The startup intends to use the proceeds from the funding to expand its presence in India and further develop its technology.
- Chiratae Ventures, Maverick Ventures, Omidyar Network India, and Qualcomm Ventures also participated in the round, along with existing investors Sequoia Capital India and Accel Partners India.
Editing by Charmaine de Lazo
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