Indian two-wheeler rental platform VOGO’s FY19 losses rise by 12-fold

Indian two-wheeler rental platform VOGO’s FY19 losses rise by 12-fold

Ola-backed two-wheeler rental platform VOGO Automotive Pvt Ltd reported a 12 times rise in losses to 39.2 crore during the financial year ended March 2019 (FY19), as the startup’s expenses shot up by 8 times to 46.3 crore, according to the company’s financials sourced from business information platform Paper.vc.