Raipdo raises $240 million in fresh funding; Valuation triples to $3 billion in one year
Published on: May 15, 2026, 2:36 p.m. | Source: The Financial Express
Rapido, a ride-hailing platform, has raised $240 million in funding, bringing its valuation to $3 billion. Led by Prousus, the round saw participation from existing investors. The company plans to expand into new markets and deepen operations, with a 44% revenue growth in FY25 and a foray into car-hailing. Rapido is gaining market share and […] | financialexpress.com
