Sequoia, Accel lead $12.2m round in two-wheeler rental start-up Metro Bikes

(From left) Vivekananda Hallekere, CEO; Varun Aghi, CTO and Anil Giri Raju COO. Photo: Mint

Metro Bikes, a rental start-up for scooters and motorcycles, has raised $12.2 million in a Series A funding round led by Sequoia Capital India and Accel Partners, which will help the start-up develop technologies and expand into newer markets, said a senior executive.

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