Indian mobility startup Vogo snags funding from Kalaari, Matrix, others

Indian mobility startup Vogo snags funding from Kalaari, Matrix, others

The Vogo founding team

Two-wheeler shared mobility startup Vogo has raised $11.5 million as an extension of its Series C round from existing investors Lightrock, Kalaari Capital, Matrix Partners and Stellaris Venture Partners.

The capital will be used to expand and electrify the fleet, to increase focus on achieving profitability by improving unit economics, asset utilisation and to optimise marketing growth, the Bengaluru-based firm said.

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