Rapido hits $3B valuation with $240M Prosus-led round, part of $730M raise

Bengaluru-based ride-hailing platform Rapido secured $240 million led by Prosus at a $3 billion post-money valuation, anchoring a larger $730 million round backed by WestBridge and Accel. Capital earmarked for category expansion as Rapido scales beyond bike taxis into broader mobility and commerce adjacencies.

— Source publishedFri, 15 May, 2026, 18:36 IST·First seen Fri, 15 May, 2026, 18:45 IST·Source YourStory · Capital

What happened

Rapido raised $240M led by Prosus at $3B valuation as part of $730M round for expansion. Legend of Toys raised Rs 21Cr pre-Series A. D2C Insider plans Rs 150Cr

Key facts

  • $240 million
  • $3 billion post-money
  • $730 million
  • Rs 21 crore
  • Rs 150 crore
  • Rs 3-5 crore

Why this matters

Rapido's mandate to expand into mobility and commerce adjacencies opens a 12-18 month window for partnership or tuck-in M&A discussions before category lines harden.

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