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Vogo partners with CMRL to provide electric scooter rentals in Chennai – Chennaionline

India’s fastest growing scooter rental service, Vogo has announced its partnership with the Chennai Metro Rail Limited (CMRL) to launch electric scooter rentals across four

Food, e-commerce delivery constitutes 46% of our primary users: Vogo CEO

Food, e-commerce delivery constitutes 46% of our primary users: Vogo CEO
indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.

[Funding alert] VOGO raises $11 5M to focus on growth and EV expansion

[Funding alert] VOGO raises $11.5M to focus on growth and EV expansion VOGO will use the funding towards the expansion and electrification of its fleet and bolster current execution capabilities to achieve profitability in the next year. 0 claps $11.5 million capital as an extension of Series C round, from its existing investors including Lightrock, Kalaari, Matrix Partners, and Stellaris Venture Partners.  The startup 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 through better consumer understanding. With net positive contribution margins, VOGO is making strides towards achieving profitability by the end of this year, the statement added.

Startup news and updates: daily roundup (Feb 18, 2021)

Shiprocket, a tech-enabled logistics aggregator for D2C sellers, has announced on Thursday that it has raised $27 million (Rs 200 crore) in Series C3 funding round. The round was co-led by Tribe Capital, a leading Silicon Valley-based venture capital firm, along with March Capital, a Santa Monica-based venture growth firm. Rahul Mehta of DST Global also participated in the round along with existing investor Bertelsmann India Investments. Team at Shiprocket Tech firm OutSystems on Wednesday said it has raised $ 150 million (about Rs 1,092 crore) capital, co-led by Abdiel Capital and Tiger Global, valuing the company at $ 9.5 billion. The funding will be used to expand investments in its R&D and GTM (go-to-market) strategy, a statement said. Founded in Portugal in 2001, OutSystems modern application platform tools help developers rapidly build and deploy a full range of applications.

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