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Scooter renter Bounce does $97.5m Series D with Indus, JSA, SAM, Algo, Samvad (but not Themis this time)

Scooter rental startup Bounce is having a ball. Within six months of raising $72 million, the Bengaluru-based venture has raised $97.5 million in a Series D round led by Accel Partners and B Capital. Existing investors, including Chiratae, Sequoia Capital, Omidyar and others also participated in the fresh financing round.


IndusLaw advised Bounce, as well as Accel, Qualcomm and the Omidyar Network led by a team of senior partner Srinivas Katta, partner Pallavi Kanakagiri, and associates Anantha Krishnan Iyer and Abhishresth Goswami.

J Sagar Associates (JSA) Gurgaon partners Manvinder Singh and lawyers Anant Mishra, Divyam Sharma and Vishakha Singh advised B Capital Asia II, Ltd.

Goodwin Hong Kong-based partner Yash Rana and lawyers Ananth Lakshman and Abhishek Krishnan acted for Falcon Edge India I LP.

Shardul Amarchand Mangaldas partner Raghubir Menon and lawyers Ekta Gupta, Tanya Choudhary, Srishti Maheshwari, Swati Sharma and Tanmayee Chaulkar acted for MPOF Mauritius Ltd and MAF Mauritius Ltd.

Algo Legal Bangalore-based associate partner Prateek Mohapatra and lawyers Utsav Gandhi and Archan Chakraborty acted for Sequoia Capital vehicles SCI Investments VI, SCI Investments V and Redwood Trust.

Samvad Partners Bangalore-based partner Harish Narasappa and lawyer Pushkar Deshpande acted for IDG Ventures India Fund III LLC, Chiratae Trust and Bruno.

Indus had also advised Bounce in its $72m Series C in June 2019, alongside a number of the above firms (though Themis Associates had acted for Sequoia and Chiratae back then).


Deal value: $97m

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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