News · Mobility & Logistics
Bounce pivots to electric scooter rental model
By Startup Enthusiast ·
- Date
- Company
- Bounce
- What it does
- Electric scooter rental service
- Kind
- News
- Founded
- 2014
- Sector
- Mobility & Logistics
What they do
Bounce provides electric two-wheelers for rent, specifically targeting gig and delivery workers who need vehicles without making an upfront purchase
What happened
The company has shifted its business focus from direct-to-consumer scooter sales to a rental model, currently operating nearly 14,000 electric scooters
Why it matters
This full-stack approach, where the company manages vehicle design and maintenance, has generated an annualised revenue run rate of approximately $15 million
The details
- Bounce has officially restarted its scooter rental business using its own fleet of electric two-wheelers.
- The company currently has 14,000 scooters deployed for rental services and expects to reach 20,000 units soon.
- This rental service is currently generating an annualised revenue run rate of approximately $15 million.
- The firm has strategically shifted its primary focus away from direct-to-consumer scooter sales to prioritize this rental model.
- The rental business reported a standalone EBITDA (earnings before interest, taxes, depreciation, and amortization) of Rs 9.23 crore in FY26.
The bigger picture
- The company utilizes an integrated manufacturing and rental model to maintain control over vehicle availability and maintenance.
- By designing and manufacturing its own scooters, Bounce reduces its dependence on external original equipment manufacturers.
- The rental business has shown significant growth, moving ahead of its FY26 reported base in recent months.
About the business
- Bounce Daily provides electric scooters to gig and delivery workers who require vehicles without the burden of upfront purchase costs.
- The company employs a full-stack approach, controlling the entire lifecycle of the vehicle from design to manufacturing and maintenance.
- In FY26, the company recorded consolidated operating revenue of Rs 44.05 crore.
- Rental services accounted for 81% of the total operating revenue, amounting to Rs 35.78 crore in FY26.
- The company reported a consolidated net loss of Rs 5.48 crore for the fiscal year 2026.
What happens next
- The company aims to increase its active rental fleet to 20,000 scooters in the near future.
The deal
- Type
- other
About Bounce
- Product
- Electric vehicle rental and infrastructure for last-mile delivery and gig economy workers
- Customers
- Gig economy workers and delivery service providers seeking affordable electric vehicle access
- How it makes money
- B2B EV rental ecosystem offering full-stack rental infrastructure for delivery partners
- What sets it apart
- Shifted focus from bike-sharing and manufacturing to scaled B2B EV rental specifically designed for gig delivery workers
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