Funding

Rapido Raises $240 Million in Primary Funding Led by Prosus to Fuel Tier-2 and Tier-3 Expansion

StartupFox Desk

Rapido secures $240 million in fresh primary funding at a $3 billion post-money valuation.

Prosus leads the round, heavily supported by existing investors Accel and WestBridge Capital.

The capital is part of an overarching $730 million primary and secondary financing strategy.

Funds will aggressively target multi-modal mobility expansion in high-growth Tier-2 and Tier-3 markets.

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