Sachin Bansal Reportedly Invests in Scooter Rental Startup Vogo
29 March 2019 8:39 AM GMT
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
- 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.
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