Bicycle sharing startup MYBYK looks to raise $2 mn in Series A funding

The startup is bullish on taking its fleet of bicycles from 4000 to 10000 through B2B expansion in next six months

Ahmedabad-based premium bicycle-sharing service MYBYK is looking to raise at least $1million in Series A round of funding as it focuses on ramping up business on the back of B2B intra-campus mobility space.

The next round of fund raising is aimed at aiding its B2B expansion plans. At present, the startup services corporates like Reliance Industries, Adani and SRF Chemicals.

According to Arjit Soni, Founder & CEO, MYBYK, the startup is in talks with the likes of Tata and Aditya Birla in the B2B intra-campus mobility space. In the next six months, the startup is bullish on taking its fleet