Bounce Infinity

Bounce Infinity is a leading Indian electric mobility company specializing in the design, manufacturing, and deployment of electric scooters and battery swapping infrastructure. The company is operates across major Indian cities including Bangalore, Hyderabad, Mumbai, Pune and Delhi NCR, with an expanding international presence in markets such as South Africa and the Middle East.

Products & Services 

• Electric Scooters: Manufacturing and selling the Bounce Infinity E1 and other electric scooter models for consumers and businesses.

• Battery Swapping Network: India’s largest network of battery swap stations for quick, convenient battery exchanges.

• Battery-as-a-Service (BaaS): Subscription-based access to fully charged batteries, reducing upfront scooter costs.

• Mobility Rentals: Short-term electric scooter rentals in select cities.

• Spare Parts & Accessories: Sales of scooter parts, accessories and maintenance services.

• Fleet & Software Solutions: Fleet management and tracking software for B2B clients.

• Export Sales: Selling EU-certified and high-speed scooter variants in international markets.

Business Model & Revenue Streams

• Electric Scooter Sales: The core revenue stream, accounting for over 90% of total income in FY23. Scooters are sold to both individual consumers and B2B clients, including fleet operators and delivery partners.

• Battery-as-a-Service (BaaS): Users can purchase scooters without batteries at a lower upfront cost and subscribe to battery swapping services, paying a recurring fee for access to fully charged batteries. This model reduces the cost barrier for EV adoption and generates predictable, recurring revenue.

• Vehicle Rentals: While the primary focus is now on manufacturing, Bounce continues to generate revenue from short-term scooter rentals in select cities, leveraging its digital platform and legacy fleet.

• Software Subscriptions & Spare Parts: Additional income from software services (fleet management, tracking) and sales of spare parts and accessories.

• Export Sales: High-margin revenue from international sales, particularly in South Africa, the Middle East and Southeast Asia, with plans to expand further.

• Interest Income: Earnings from deposits and financial investments.

Customer Segmentation 

• Individual Consumers: Urban commuters and eco-conscious riders seeking affordable electric mobility.

• B2B Clients: Fleet operators, delivery companies and logistics providers needing scalable EV solutions.

• Rental Users: Short-term users and tourists in cities where scooter rentals are available.

• International Buyers: Distributors and businesses in overseas markets (e.g., Africa, Middle East) purchasing export-ready scooters.

Growth Strategy

• Market Expansion: Aggressively scaling in Indian metros and Tier-II cities, while expanding exports to Africa and the Middle East.

• Infrastructure Investment: Doubling down on battery swapping stations to support rapid EV adoption.

• Product Pipeline: Launching new high-speed and long-range scooter models to address diverse market needs.

• Operational Efficiency: Lean team structure and cost controls have reduced cash burn and improved margins.

• IPO & Fundraising: Exploring IPO and private credit options to fund manufacturing and international growth.