Rapido bags $240M from Prosus at $3B valuation, part of $730M round
Bengaluru-based mobility and delivery platform Rapido raised $240 million led by Prosus at a $3 billion post-money valuation, part of a broader $730 million round backed by WestBridge and Accel. Capital targets expansion across 400+ cities, rider-driver network growth and tech investment.
What happened
Rapido raised $240 million led by Prosus at a $3 billion post-money valuation, part of a broader $730 million round. Capital will fund market expansion,
Key facts
- $240 million
- $730 million
- $3 billion post-money valuation
- 400+ cities
- founded 2015
Why this matters
Rapido's war chest enables aggressive geographic and vertical expansion across 400+ cities—evaluate partnership or M&A windows in delivery, logistics tech, or rider-services adjacencies before valuations reset higher.