India-based Metro Bikes, which started out as a luxury bike rental service, rebrands as an on-demand motorbike service called Bounce and raises $12.2M Series A (Jon Russell/TechCrunch)

Jon Russell / TechCrunch:
India-based Metro Bikes, which started out as a luxury bike rental service, rebrands as an on-demand motorbike service called Bounce and raises $12.2M Series A  —  Two of India's most prominent VCs are backing a motorbike on-demand service after Sequoia India and Accel led a $12.2 million investment in Metro Bikes.

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