Flipkart's Co-Founder Sachin Bansal invests scooter rental platforms 'Vogo & Bounce'
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A few months back, Sachin Bansal invested $100 million in Ola cabs; now he plans to back up scooter rental platforms-Vogo & Bounce. He made nearly $3-4 million debt investment in each firm; which is said to be part of money management exercise by Bansal holding firm BAC Aquisition. Vogo offers scooters on rent for short trips in Bengaluru & Hyd. Bounce offers motorbike rental services. Both will use debt to finance scooters.