Rapido recently closed a $240 million funding round led by Prosus, valuing it at $3 billion. The capital injection underscores a shift in India’s ride-hailing market, long dominated by Uber and Ola.

Indian ride-hailing platform Rapido has raised $240 million in a funding round led by Prosus, taking its post-money valuation to $3 billion amid intensifying competition in India’s mobility market.

Indian ride-hailing company Rapido said on Friday it had raised $240 million in fresh funding at a $3 billion valuation to compete better in the country’s growing but challenging mobility market. Led ...

Ride-hailing platform Rapido has raised $240 million in primary funding led by Prosus, with participation from WestBridge Capital, Accel, and other investors. This values the startup at $3 billion on ...

Roppen Transportation Services Private Limited (Rapido) has raised $240 million in fresh capital, led by Prosus, with participation from WestBridge Capital and Accel, and other investors, as part of a ...

AI Quick Read MUMBAI: Roppen Transportation Services Pvt. Ltd, which operates Rapido, has raised $240 million in fresh capital in a round led by Prosus, with participation from WestBridge Capital, ...

The incident has raised concerns about user privacy and rider conduct. A Rapido rider contacted a passenger on WhatsApp after completing a ride The passenger shared the conversation publicly, raising ...

Ride-hailing platform Rapido has launched a new standalone app, Ownly, for food delivery. Just as they did with their ride sharing programme, Ownly takes a new approach to the market by being a ...

Hyderabad: Rapido, India’s largest and most affordable one-stop mobility platform, is increasingly becoming the first- and last-mile layer of Hyderabad’s metro ecosystem. It is helping commuters plan ...

Rapido, India's mobility platform, has launched a new brand identity. This change signifies its growth from a bike taxi service to a comprehensive mobility provider. The new logo moves away from bike ...

Rapido is facing a service outage, with users across multiple cities reporting log in failures and ride disruptions Several users flagged the issues on social media, saying they were unable to log in ...

https://www.thehindubusinessline.com/companies/rapido-adopts-system-led-safety-systems-for-bike-taxis/article70428740.ece Copy As the public and regulatory debate ...