Rental platform eBikeGO to electrify 10% of Bengaluru-based Rapido fleet now
Amritsar-based electric two-wheeler rental platform, eBikeGO has entered into an agreement with Bengaluru-based motorcycle taxi firm Rapido to electrify 10 per cent of their upcoming fleet within a year. Rapido which has just raised Rs 390 crore in fresh funding currently has 1,15,000 vehicles on the road.
This fundraising round saw participation from investors like singer Sukhbir Singh, Rajesh Sawhney (Co-Founder of Innerchef), Rohit Chanana (Founder, Sarcha Advisory), Siddartha Ahluwalia (Founder of 100x Entrepreneur), Boudhik Ventures, Milind Garud, Arun Gholap, Shantanu Vinekar and other senior corporate executives.