Rapyd raises $300 mn in funding from Coatue, Tiger Global, others
PTI
New Delhi |
Updated on
January 14, 2021
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Several new investors participated in the series D round; funds to be used to double the engineering and product teams, expand Rapyd’s ‘self-service’ element
Rapyd, a global fintech solutions company, has raised $300 million (about ₹2,194.4 crore) in funding, led by Coatue.
The series D financing round saw participation from several new investors, including Spark Capital, Avid Ventures, FJ Labs and Latitude, a statement said.
This also included further investment from current investors General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital, and Entrée Capital, it added.