Vogo Got 20 Million From Aspada: Quite A Big Deal

Vogo Automotive and on-demand Mobility Company crack an investment deal of 20 million from various renowned investors like Matrix Partners India, Stellaris Venture Partners and Kalaari Capital. The company will utilize the amount of expanding and strengthening its IoT technology, as mentioned by Vogo in an interview.

Vogo is known for providing on-demand scooter rentals across the country. Today, they have more than 2.5 million active users who use their services on a daily basis. This dock-based scooter sharing application allows users to pick up and drop scooters from their desired locations.

Anand Ayyadurai, the CEO of Vogo, said, there are various opportunities to exploit the existing market, but their business model provides a sustainable growth plan. Thanks to the Internet Of Things (IoT) which makes it possible through their unique sensor-based applications. Whether you are an Android user or IOS user, you can easily download their app and book your ride right away.

Vogo is arguably the most affordable short commute option in Bangalore. One of the most interesting parts of their service is their fair is too cheap. Moreover, if you need to refill the fuel while riding, they will pay you back for it. Customers who have already used their service are overwhelmed by the offering, which makes Vogo stand out among others.