InnoVen invested in Bounce for their EV expansion plans
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Bounce, the Bengaluru-based dockless bike rental startup has raised $6.5 million from InnoVen capital in their latest funding round. The fresh fund will be used to expand its EV fleet into new regions. Earlier, Bounce has also raised $105 million from Accel Partners and other investors. Maverick Ventures, Sequoia Capital, Qualcomm Ventures, Facebook co-founder Eduardo Saverin-led B capital group also invested in the round.