Hero's Pawan Munjal, Ola invest in bike rental startup Vogo
Automaker Hero MotoCorp's Chairman Pawan Munjal along with Ola's parent company ANI Technologies has invested an undisclosed amount in Bengaluru-based scooter rental startup Vogo Rentals. Existing investors Matrix Partners India, Stellaris Venture Partners, and angel investors also participated in the funding round. Founded in 2016, Vogo offers commuters an app-based scooter rental service.