Rapido bags $240M from Prosus, WestBridge, Accel at $3B valuation

Urban mobility platform Rapido raised $240 million led by Prosus, with WestBridge and Accel participating, at a $3 billion valuation. The tranche is part of a larger $730 million round earmarked for market expansion, driver network growth, and technology upgrades.

— Filed Fri, 15 May, 2026, 17:16 IST · Source ET Retail · Updated

Urban mobility startup Rapido raised $240 million led by Prosus with WestBridge and Accel at a $3 billion valuation, part of a larger $730 million round, to expand markets, grow driver network, and enhance technology.