BusinessRapido Raises $240 Million Led by Prosus to Expand Mobility in India
Rapido, India's largest mobility platform, raised $240 million in primary funding led by Prosus, with participation from WestBridge Capital and Accel, as part of a $730 million financing round valuing the company at $3 billion. The investment will support expansion into Tier 2+ markets, enhance technology, grow the captain network, and improve platform efficiency to boost affordable mobility and flexible earning opportunities across over 400 cities.
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