Scooter rental startup Vogo has raised around Rs 2 crore as a part of Series C round from Spice Group CEO Dilip Modi’s Exponentially I Mobility LLP. The company has allotted 1,407 Series C1 CCPS at Rs 14,219 each to raise the capital.
The company also passed a special resolution to adopt a management stock option scheme titled “Vogo MSOP 2020” with an objective to retain, attract and incentivize the key officers of the company. Before covid19 lockdown, the Ola backed-firm was recently in news for slashing 15% of its workforce. (Source: MCA)
