Startup Profile

Bounce

Legal entity: Bounce (Wickedride Adventure Services)

Battery-swappable electric scooters for India's gig economy

Climate / SustainabilitySeries D+Service / Agency· Bengaluru, Karnataka· Est. 2014Website ↗
Bounce is an Indian electric mobility startup that pivoted from bike and scooter rentals to manufacturing and renting battery-swappable electric scooters to gig workers. Founded in 2014 as Wicked Ride, it rebranded to Bounce in 2016 and has raised over $227 million across 18 funding rounds from top-tier investors including Accel, Sequoia Capital India, and B Capital.
Funding raised
₹1883.50 Cr
Total disclosed
Latest valuation
₹596.00 Cr
Most recent round
Latest revenue
₹64.20 Cr
FY FY2025 (2024-25)
Employees
—
FY FY2025 (2024-25)

Founders

  • Vivekananda Hallekere

    Co-founder and Chief Executive Officer of Bounce, previously founded Wicked Ride premium motorcycle rental platform

  • Anil G

    Co-founder and Chief Operating Officer of Bounce

  • Varun Agni

    Co-founder and Head of Products and Technology at Bounce

Funding rounds

  1. Series E/F2026-03-01₹41.50 CrLed by Accel, B Capital
  2. Series D2020-01-22₹871.50 CrLed by Accel, B Capital
  3. Series C2019-06-18₹59.76 CrLed by Accel, Sequoia Capital India
  4. Series A2018-08-09₹101.16 CrLed by Sequoia India, Accel Partners

Financials

MCA / self-reported
Fiscal yearRevenueProfit / (Loss)Employees
FY2025 (2024-25)₹64.20 Cr——

The full story

Rich-text rendering of long_story is wired in the design pass.

Timeline

  1. 2024-09Achieved positive EBITDA with EV focus — Bounce Electric achieved positive EBITDA in September 2024 while pivoting to electric scooter manufacturing and gig economy rentals
  2. 2020-01Series D at $500M+ valuation — Raised $105M Series D from Accel and B Capital, reaching valuation of over $500 million
  3. 2018-08Rebranded from Metro Bikes to Bounce, Series A funding — Raised $12.2M Series A from Sequoia India and Accel Partners, officially rebranded to Bounce
  4. 2016Launched Bounce bike and scooter rentals — Team pivots to dockless bike and scooter sharing for last-mile urban mobility
  5. 2014Founded as Wicked Ride premium motorcycle rental — Vivekananda Hallekere and co-founders launch luxury motorcycle rental platform

Data sources

  • seed-list + Wikidata↗ · last fetched 2026-05-28
  • Wikidata↗ · last fetched 2026-05-28
  • TechCrunch↗ · last fetched 2026-06-01
  • TechCrunch↗ · last fetched 2026-06-01
  • YourStory↗ · last fetched 2026-06-01
  • YourStory↗ · last fetched 2026-06-01
  • Finance Outlook India↗ · last fetched 2026-06-01
  • YourStory Company Profile↗ · last fetched 2026-06-01
Updated 2026-06-01