Rapido bags $240M from Prosus at $3B valuation, fuels multi-vertical push
Rapido raised $240M primary led by Prosus at a $3B valuation, part of a wider $730M round with WestBridge and Accel. Capital will scale mobility, parcel, food delivery and flight booking across 400+ cities, sharpening the fight with Uber and Ola.
What happened
Rapido raised $240M primary led by Prosus at $3B valuation, part of a larger $730M round with WestBridge and Accel. Funds will expand mobility, parcel, food
Key facts
- $240M primary
- $3B post-money valuation
- $730M total round
- 400+ cities
- founded 2015
Why this matters
Rapido's capitalization positions it as a consolidator in adjacent verticals, opening partnership or acquisition windows in last-mile logistics, food delivery tech, and travel booking infrastructure.