Rapido hits $3B valuation with $240M Prosus-led round, part of $730M raise
Bengaluru-based ride-hailing platform Rapido secured $240 million led by Prosus at a $3 billion post-money valuation, anchoring a larger $730 million round backed by WestBridge and Accel. Capital earmarked for category expansion as Rapido scales beyond bike taxis into broader mobility and commerce adjacencies.
Rapido raised $240M led by Prosus at $3B valuation as part of $730M round for expansion. Legend of Toys raised Rs 21Cr pre-Series A. D2C Insider plans Rs 150Cr ConsumerX AIF for D2C brands. Razorpay elevated Apuarv Sethi to CMO.
Why this matters
Caps a string of reports on Rapido's $240M Prosus-led raise at $3B, signaling a pivot from bike taxis into multi-vertical mobility and commerce as ride-hailing competition intensifies.
Retail-company signals steady at 374 over the trailing 90 days.
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