Wednesday, May 08, 2024
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Vivekananda Hallekere

Bounce has announced funding weeks after it reported Bounce laid off about 3-4 per cent of its workforce (of nearly 500-700 employees base) as part of its restructuring exercise

The EV manufacturer had laid off nearly 80 per cent of its workforce, around 300 people, in 2021

Bounce Infinity's CEO Vivekananda Hallekere, Jar App's CEO Nishchay AG, Xiaomi Global's founding team member Alvin Tse and Amarante Shipping's founder Captain Prashant Priya participated in this funding round