Entrepreneur News Network

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

India Startup Funding Weekly Report: $187M Raised Amid Surge in Growth-Stage Deals

Weekly Funding

India’s startup ecosystem witnessed a significant rebound this week, with total funding reaching approximately $187.2 million across 18 deals. This marks a sharp increase compared to the previous week, where startups collectively raised just $47 million. The funding landscape was dominated by growth-stage investments, while early-stage startups also showed strong momentum across multiple sectors. Growth-Stage … Read more