Ola-backed urban mobility service Vogo secured the funding at a reported valuation of just over $76m, with LGT Lightstone leading the round.

Vogo, an India-based scooter rental platform that counts ride hailing service Ola as an investor, has raised $19m in series C funding, Business Standard reported yesterday, citing a regulatory filing.

Investment fund LGT Lightstone led the round, with a contribution of $15.8m according to a filing seen by Inc 42, giving it a 14.1% stake in Vogo. It included Matrix Partners and Kalaari Capital, which now own stakes sized at 16% and 2.7% respectively.

Founded in 2016, Vogo operates a…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.