Indian ride-hailing platform Rapido has raised $240 million in a funding round led by Prosus, taking its post-money valuation to $3 billion amid intensifying competition in India’s mobility market.

Indian ride-hailing startup Rapido has raised $240 million in a fresh funding round led by Prosus, taking the company’s valuation to about $3 billion. Existing investors, including WestBridge Capital ...

Ride-hailing platform Rapido has raised $240 million in a fresh funding round, propelling its post-money valuation to $3 billion and bolstering its reserves to take on larger rivals Uber and Ola. The ...

Indian ride-hailing company Rapido said on Friday it had raised $240 million in fresh funding at a $3 billion valuation to compete better in the country’s growing but challenging mobility market. Led ...

Roppen Transportation Services Private Limited (Rapido) has raised $240 million in fresh capital, led by Prosus, with participation from WestBridge Capital and Accel, and other investors, as part of a ...

AI Quick Read MUMBAI: Roppen Transportation Services Pvt. Ltd, which operates Rapido, has raised $240 million in fresh capital in a round led by Prosus, with participation from WestBridge Capital, ...

Ride-hailing platform Rapido has raised $240 million in a fresh primary round led by Prosus, with participation from WestBridge Capital, Accel and other investors. According to the company’s press ...

This investment comes at a time when demand across Tier 2+ markets is accelerating, even as Rapido continues to expand its mobility offerings in Tier 1 cities.

The incident has raised concerns about user privacy and rider conduct. A Rapido rider contacted a passenger on WhatsApp after completing a ride The passenger shared the conversation publicly, raising ...

Ride-hailing platform Rapido has launched a new standalone app, Ownly, for food delivery. Just as they did with their ride sharing programme, Ownly takes a new approach to the market by being a ...

Rapido CTO Srivatsa Katta talks about the platform’s highly distributed backend system, mapping India’s roads, and why bike taxis have a different model. Leverage a distributed architecture to manage ...

Ride-hailing platform Rapido has officially launched its standalone food delivery app, Ownly, across Bengaluru, marking its formal entry into a market dominated by Swiggy and Zomato. The citywide ...