Last December, Vogo had raised $100 million from cab-hailing service Ola (ANI Technologies Pvt. Ltd) as part of a new strategic alliance. The capital infusion had helped Vogo add 100,000 scooters and tap more users in Bengaluru, Chennai and Hyderabad, besides listing on the Ola app.
Founded in 2016 by Ayyadurai, Padmanabhan Balakrishnan and Sanchit Mittal, Vogo allows users to locate bikes on its app and use them for travel within the city. The scooters are fitted with patented technology that allows users to directly access and start the scooter via its app. It also operates around 500 scooter stations across five cities and claims to have completed more than three million trips on its platform till date.
Vogo has more than 12,000 vehicles across five cities, up from around 5,000 as of April.
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