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

Upekkha’s SaaS-focused UP Funds raises $9M In Funding

UP Funds, which is launched in January 2021, will assist SaaS startups in overcoming early-stage constraints by providing founder-friendly capital that safeguards their future alternatives. UP Funds invested $100,000-$200,000 in ten firms in 2021 and also participated in a Series A financing of one of its high-growth startups. Upekkha, foundedby Prasanna Krishnamoorthy, Shekar Nair, and … Read more