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Ola, Uber’s India rival, invests $100M in scooter rental startup Vogo

sudshr47 December 18, 2018

We’re familiar with Uber cozying up to scooter startups — it has bought one and invested in another — but over in India, the U.S. firm’s key rival is hatching a major alliance of its own it invested $100 million in scooter rental startup Vogo. Ola first invested back in August when Vogo raised an undisclosed Series […]

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Sequoia India and Accel back on-demand scooter startup in $12.2M deal

sudshr47 August 9, 2018

Two of India’s most prominent VCs are backing a motorbike on-demand service after Sequoia India and Accel led a $12.2 million investment in Metro Bikes. Sequoia India and Accel were joined in the round by Raghunandan G, who founded TaxiForSure which sold to Ola, among other investors. Metro Bikes started out as a luxury bike rental service […]