Metro Bikes changes name to Bounce, raises $12.2 million
Two wheeler-rental startup Metro Bikes has rebranded itself to Bounce "to avoid the confusion of being only present in metro cities". Bounce raised $12.2 million from Sequoia India and Accel Partners with TaxiForSure Co-founder Raghunandan G also participating in the Series A funding. Founded in 2014, the Bengaluru-based startup provides last-mile connectivity for public transportation.