Rapido raises $240M from Prosus-led round at $3B valuation, eyes tier-II push

Bengaluru-based Rapido has secured $240 million in a Prosus-led round, with WestBridge Capital and Accel participating, valuing the mobility and delivery platform at $3 billion post-money. Cumulative funding now stands at $730 million. Capital will fund tier-II expansion, captain network growth, tech, and women-rider safety across 400+ cities.

— Filed Fri, 15 May, 2026, 15:16 IST · Source BL · Consumer & Economy · Updated

Rapido raised $240 million led by Prosus with WestBridge and Accel at $3 billion valuation. Capital funds tier-II expansion, captain network growth, tech investment, and women-rider safety initiatives across its 400-city mobility, delivery and food platform.

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