Rapido angels cash out Rs 100 crore at $3B valuation as Swiggy exits, Prosus doubles down
Early backers are offloading Rs 100 crore via wealth platforms inside Rapido's $730M round ($240M primary). Swiggy fully exited; TVS sold $32M to Prosus/Accel. FY25 revenue hit Rs 934 cr (+44%), with 7M daily rides, 74M MAU and 72% bike-taxi share across 400+ cities.
Rapido's early angel investors are selling Rs 100 crore in stock via private wealth platforms at $3 billion valuation amid a $730 million round; Swiggy fully exited, TVS sold $32 million stake to Prosus/Accel.