Launched in May 2018, Bounce is the brainchild of Vivekananda Hallekere (CEO and co-founder) along with Anil (COO and co-founder) and Varun Agni (CTO and co-founder).
They launched Bounce as India’s first smart mobility solution, with a mission of making daily commute quick, stress-free, reliable and convenient. In its ride-sharing avatar, Bounce tapped into the need for affordable and safe travel options for various daily commuters. Right from covering long distances to providing last-mile support, we aim at addressing diverse mobility needs
Indigenously built with in-house R&D, Bounce dockless scooters were first launched in Bengaluru and quickly became the desired mode of transport in the city, as well as in parts of Karnataka, Telangana and Andhra Pradesh. In its first year, Bounce facilitated 1,00,000 rides a day with a 30,000 strong scooter fleet on road. Bounce remains one of India’s fastest-growing start-ups with the proud badge of having scaled to 100K transactions in a day. Bounce’s valuation stood at a staggering 500 million USD in just 11 months from its conception.