BENGALURU:
Venture Catalysts has invested in
bike-sharing app
Mobycy in an angel funding round.
Mobycy allows users locate bikes around them on the app, unlock it by scanning the
QR Code, ride and then park it at the destination to end the ride, managed by IOT and GPS-enabled smart devices.
The company, founded by Akash Gupta, who was earlier VP and head marketing at MobiKwik, is headquartered in
Gurgaon and is live in three cities already.