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Rapido Raises $240 Million at $3 Billion Valuation from Prosus, WestBridge Capital and Accel Partners

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Rapido Raises $240 Million at $3 Billion Valuation from Prosus, WestBridge Capital and Accel Partners

Rapido has entered a defining phase in its evolution, transitioning from a niche bike-taxi startup into one of India's most ambitious urban mobility platforms. The company has sharply accelerated revenue growth, reduced operating losses, expanded into autos, cabs, subscriptions, and food delivery, while simultaneously attracting one of the largest funding rounds in the Indian consumer-tech ecosystem. With a fresh $240…

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