Bike rental startup Bounce raises $105 mn from FB Co-founder's VC firm, others

Bengaluru-based bike rental startup Bounce has raised $105 million at a valuation of $520 million in Series D funding round led by Accel Partners and Facebook Co-founder Eduardo Saverin's B Capital Group. Other existing investors including Falcon Edge and Chiratae Ventures also participated in the round. Notably, Asia Co-head at B Capital Group, Kabir Narang, will be joining Bounce's board.