Venture capital investors hitch a ride on mobility startups in India

Visual from Ather Energy website

Buoyed by the success of ride-hailing firms Ola (ANI Technologies Pvt. Ltd) and Uber Technologies Inc., investors are pouring funds into the next wave of mobility startups in India as urban transportation bookings move online. At least half a dozen new mobility startups—including Rapido, Ather Energy, Bounce and Vogo—are in advanced talks to raise large amounts of capital from investors, said several people familiar with the matter.

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