Bengaluru's Bounce becomes world's fastest-growing bike-sharing start-up

Start-up clocks 60,000 rides per day; this puts it at par with global players such as scooter-rental companies Lime and Bird

Bounce on Tuesday said that it has reached a significant milestone of 60,000 rides per day in Bengaluru, making it the fastest-growing bike-sharing start-up in the world. Within 10 months of launching dockless scooters in Bengaluru, the firm has completed over five million rides, covering 30 million km. 

The company, which was valued at over $220 million in June this year after raising $72 million in a funding round, said that it is scaling on par with global players, including US-based scooter-rental companies Lime and Bird.  

"We are absolutely stoked by this milestone. This feat would not have been possible