This is Rapidos first fundraise since 2019, when it snagged back-to-back funding from Nexus and Westbridge Capital. The latest funding round was led by Westbridge Capital and saw the participation of Yamaha among several others.
Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new funding — Series C — was financed by Shell Ventures, […]
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