- Flipkart co-founder Sachin Bansal has invested an undisclosed amount in the Bengaluru-based scooter rental startup Vogo, which is also backed by cab-hailing firm Ola, which in turn is also an investee company of Bansal.
- Bansal has invested in Vogo as a debt investment through his treasury department which is managing some of his money and investing in a bunch of startups, reported Business Standard citing a person familiar with the matter.
- Vogo is counts many high profile investors including Matrix Partner, Kalaari Capital, Stellaris Venture Partners and Pawan Munjal, Chairman & CEO of Hero MotoCorp, among others.
- Currently available at limited pick up and drop off points across Bangalore, Hyderabad, Manipal and Mysore, Vogo lets its customers to rent out scooters for short one way trips.
Sachin Bansal Reportedly Invests in Scooter Rental Startup Vogo
29 March 2019 8:39 AM GMT