https://techcrunch.com/2021/12/02/bounce-infinity-e1-launch/

Bangalore-based Bounce on Thursday priced its first electric scooter at as low as 36,000 Indian rupees ($480), considerably undercutting the heavily-backed rival Ola as the mobility war intensifies in the world’s second most populous nation.

The startup, backed by B Capital and Falcon Edge, launched its first electric scooter called the Bounce Infinity E1 that features a swappable battery and several other unique features including tubular frame, hydraulic telescopic front suspension and twin shock absorbers at the rear ithat it said are designed for the Indian roads.