Two-wheeler rental service provider Bounce Tuesday said it has raised USD 3 million from InnoVen Capital, a leading venture debt and specialty lending firm in Asia.
The funds will be used to fund the expansion plans of the company, a release said.
The company, which recently rebranded itself from Metro Bikes to Bounce, had last month raised USD 12.2 million in a Series A funding round led by Sequoia Capital India and Accel Partners.
********************* Bengaluru airport ropes in Unisys to improve pax experience *
Bangalore International Airport (BIAL) Tuesday said it has singed an agreement with Unisys Corporation of the US to develop an 'Analytics Center of Excellence', which will help travellers board flights faster and enhance their airport experience.
The center will support a business intelligence and advanced data analytics platform for the airport which will help it consolidate and rationalise the airport's strategic, tactical and operational reporting on one hand and enable airport staff to make faster and better-informed business decisions, process air travellers more quickly and enhance the airport experience for the customer, the airport said.
********************* Gopal Singh Gusain takes over charge as ED of Union Bank *
State-run Union Bank of India Tuesday said Gopal Singh Gusain has taken charge as its executive director with effect from September 20.
Prior to this, Gusain was with Punjab National Bank.
The government last week elevated as many as 14 general managers to the post of executive directors in various public sector banks.
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