Bounce which was valued at $220 million in June after raising $72 million in a Series A funding round, conveyed that it is leveling up in the market compared with other global counterparts, including the US-based scooter-rental platforms Lime and Bird. The growth in this market has led to the development of a number of Uber-like app solutions in the market.

Future of bike-sharing services

The bike-sharing platform is set to run its service using Electric vehicles (EVs) - possible ride cost reduced to ₹3/Km. The time is now if you are planning to start a bike-taxi business.

Learn more about Bounce success & insights for Bike-taxi industry