Vogo's Existing Investors Invest $2.9 Mn In Bridge Funding Round
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India, Nov. 9 -- Bengaluru-based two-wheeler rental platform Vogo has started its next round of funding with fresh investments from its existing investors.
According to the Ministry of Corporate Affairs filings accessed by Inc42, the company, on November 6, received a fresh infusion of funds from its existing investors- Stellaris Venture Partners and Matrix Partners. The company has issued 11,935 Series C1 bridge compulsorily convertible preference shares (CCPS) round at a nominal value of INR 100 with a premium of INR 8,798 worth INR 10.6 Cr to Matrix Partners.
Further, the company issued compulsorily convertible debentures (CCDs) to Stellaris Venture Partners at a nominal value of INR 100 with a premium of INR 8,798 worth INR 10.61 Cr...
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