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Rapido raises $240 million led by Prosus at $3 billion valuation
short by Jessica Rajan / on Friday, 15 May, 2026
Ride hailing platform Rapido has raised $240 million in a fresh primary funding round led by Prosus, valuing it at $3 billion. Existing investors including WestBridge Capital and Accel also participated. The funding is part of a larger $730 million primary and secondary financing exercise. Its operating revenue rose to ₹934 crore in FY25 from ₹648 crore in FY24.
read more at Moneycontrol