Entrepreneur News Network

Lane Raises ₹8.5 Crore to Expand Tech-Enabled Driving Education Platform in India

Lane_Team

BENGALURU, India, Aug. 12, 2026 — Lane, a Bengaluru-based tech-enabled driving education and mobility platform, has raised ₹8.5 crore in a funding round led by Kae Capital, with participation from DeVC, Antler India, Panthera Peak and prominent angel investors. The company said it will use the funds to expand its instructor network, accelerate development of … Read more

This Tamil Nadu Startup Lets Drivers Keep 100% of Their Fare — And Investors Are Betting It Can Outlast Ola and Uber’s Commission Model

Taxina Founders Story

While millions of Indian gig drivers absorb commissions of up to 40% per ride, a Salem-based startup backed by Tamil Nadu’s taxi unions is betting that the real disruption in ride-hailing isn’t a better app — it’s a fairer business model. For the better part of a decade, India’s ride-hailing economy has run on a … Read more

Rapido Raises $240 Million Led by Prosus, Valuation Climbs to $3 Billion

Rapido

Indian mobility platform Rapido has raised $240 million in a fresh funding round led by Prosus, with participation from existing investors including WestBridge Capital and Accel. The investment is part of a broader $730 million transaction that includes both primary capital infusion and secondary share sales by existing shareholders. Following the latest round, Rapido’s valuation … Read more

LetzRyd Raises $4 Million to Expand Urban Mobility Fleet Network

(L-R) Tarun Jain, Sarvagna G and Kushagra Dokania, Co-Founder, LetzRyd

Bengaluru-based mobility startup LetzRyd has secured $4 million in a Series A funding round led by JIF Capital. The round also saw participation from Japan-based 15th Rock, marking its first investment in India, along with existing backer UNLEASH Capital Partners. Funding to Accelerate Fleet and Technology Expansion The fresh capital will be used to: Expand … Read more