Rapido hits $3B valuation on $240M Prosus-led round; doubles down on Ownly food delivery

Rapido raised $240M primary at a $3B valuation, part of a $730M round that saw Swiggy and TVS exit via secondary. Capital will fund tier-2 mobility expansion and scale Ownly, escalating its food-delivery challenge to Swiggy and Zomato alongside its ride-hailing fight with Uber and Ola.

Rapido raised $240M primary at a $3B valuation, part of a $730M round that saw Swiggy and TVS exit via secondary. Capital will fund tier-2 mobility expansion an

Times of India · Business · 5/15/2026, 6:16:19 PM · Ask about this →

Rapido + Accel + Prosus + Swiggy + TVS Motor + Uber + WestBridge Capital +