Investors hitch a ride on mobility startups in India3 min read 02 Nov 2018, 12:45 AM IST
At least half a dozen new mobility startups in Indiaincluding Rapido, Ather Energy, Bounce and Vogoare in funding talks to raise large amounts of capital
Bengaluru: Buoyed by the success of ride-hailing firms Ola (ANI Technologies Pvt. Ltd) and Uber Technologies Inc., investors are pouring funds into the next wave of mobility startups in India as urban transportation bookings move online. At least half a dozen new mobility startups—including Rapido, Ather Energy, Bounce and Vogo—are in advanced talks to raise large amounts of capital from investors, said several people familiar with the matter.
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