What is Bounce?
Bounce Infinity specializes in the design and manufacturing of electric scooters tailored for the unique conditions of Indian roads. The company offers a range of models, including the e.1+, e.1LE, and e.1, which provide a practical range of over 70 km and can reach top speeds of 65 km/h, with pricing starting at ₹1,15,605. Bounce Infinity's mission is to establish a comprehensive electric mobility ecosystem for Indian consumers, emphasizing convenience through features like detachable batteries for easy charging. The company targets environmentally conscious individuals seeking dependable and efficient electric transportation solutions.
How much funding has Bounce raised?
Bounce has raised a total of $195.5M across 5 funding rounds:
Series C
$72M
Series D
$105M
Private Equity
$6.5M
Debt
$7M
Unspecified
$5M
Series C (2019): $72M with participation from Accel Partners USA, Accel Partners India, Chiratae Ventures, B Capital Group, and Falcon Edge Capital
Series D (2020): $105M led by Chiratae Ventures, B Capital, Qualcomm Ventures, Maverick Ventures, Omidyar Network India, Falcon Edge, Sequoia Capital India, and Accell Partners India
Private Equity (2020): $6.5M supported by Innoven Capital Pte. Ltd
Debt (2023): $7M, investors not publicly disclosed
Unspecified (2026): $5M backed by Qualcomm Ventures, B Capital Group, and Accel
Key Investors in Bounce
Chiratae Ventures
Chiratae Ventures is a prominent Indian technology venture capital fund advisor based in Bengaluru, known for its substantial track record and early backing of successful companies like Myntra and Lenskart. They focus on supporting innovative entrepreneurs and fostering growth within the Indian startup ecosystem.
Qualcomm Ventures
Qualcomm Ventures is the venture capital arm of Qualcomm Incorporated, a global leader in wireless technologies. They invest in early to growth-stage technology companies, providing access to leading technology, domain expertise, and a robust network to facilitate scaling.
Sequoia Capital India
Sequoia Capital India is a leading venture capital firm that invests across venture, growth, and late-stage opportunities in India. They act as active, value-added partners to entrepreneurs, supporting companies with capital and strategic guidance to build market leaders.
What's next for Bounce?
The substantial enterprise-level funding and recent strategic investment indicate Bounce Infinity is poised for significant scaling and market penetration. This capital infusion is likely to be directed towards enhancing manufacturing capabilities, expanding distribution networks across India, and further research and development for next-generation electric scooter technology. The company's focus on creating an integrated electric ecosystem, including charging solutions and battery management, positions it to capitalize on the growing demand for sustainable urban mobility. Future growth may also involve strategic partnerships and potential international expansion.
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