Bounce Infinity Raises $20 million - Updates
India Climate Startups Funding & Investment Updates
Bounce Infinity Raises $20 million
Funding from its existing investors including Sequoia.
Notes by Narsi
That's so interesting! A firm gets reported for laying off tens of employees the first day, and the very next day there is news of it raising additional funding.
Is such funding to get the startup to a growth phase or give itself enough time to search for a tolerable exit?