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RAPIDO VALUATION
Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.04 Jun, 2026, 09.11 AM IST- Vanguard marks Ola valuation down to $70 million, 99% lower from peakFunds managed by US investment giant Vanguard have slashed the fair value of ride-hailing platform Ola’s parent, ANI Technologies, to $70 m...04 Jun, 2026, 09.08 AM IST
- Ola’s valuation crashes 99%; Snapchat India ad pushHappy Thursday! American investor Vanguard has slashed the fair value of Ola's parent company. This and more in today’s ETtech Morning Disp...04 Jun, 2026, 08.10 AM IST
- ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-yearIndian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 m...29 May, 2026, 10.54 PM IST
- ETtech Deals Digest: Startups raise $122 million this week, down 5% on-yearThis week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 mi...22 May, 2026, 10.11 PM IST
- Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...18 May, 2026, 07.49 AM IST
- ETtech Deals Digest: Startups raise $790 million in second week of MayRapido's substantial $730 million funding round significantly boosted Indian startup investments this week, reaching approximately $790 mil...16 May, 2026, 01.35 PM IST
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.15 May, 2026, 08.09 PM IST
- Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...15 May, 2026, 03.32 PM IST
- Prosus' arm seeks CCI nod for raising stake in RapidoIn a filing with the competition regulator, MIH Investments One BV said the stake acquisition in Roppen Transportation Services (Rapido) "w...16 Nov, 2025, 11.50 PM IST
- Swiggy rides out of Rapido; Festive fervour hits ecommHappy Wednesday! Swiggy is selling its entire stake in Rapido, following the latter’s foray into food delivery. This and more in today's ET...24 Sep, 2025, 07.48 AM IST
- Swiggy to sell Rapido stake to Prosus, WestBridge Capital for Rs 2,400 croreThe transactions value Rapido at Rs 20,330 crore (or around $2.3 billion), which is a sharp increase from its last valuation of $1.1 billio...23 Sep, 2025, 07.46 PM IST
- Bike taxi startup Rapido raises Rs 250 crore from ProsusThis funding infusion is an extension of Rapido's Series E round, during which it raised $200 million, led by WestBridge Capital. Prosus jo...12 Feb, 2025, 03.41 PM IST
- Rapido’s unicorn round; Swiggy’s FY24 reportHappy Thursday! Mobility startup Rapido has raised $200 million in funding. This and more in today’s ETtech Morning Dispatch.05 Sep, 2024, 07.37 AM IST
- Rapido rolls into the unicorn club with $120 million from WestBridgeRapido has so far raised $329 million in funding. A US-based family office and a UK-based fund are eyeing stakes in the company. The ride-h...30 Jul, 2024, 09.27 AM IST
- Swiggy in talks to invest in Rapido as part of a larger financing roundIf the investment deal goes through it will help Swiggy enhance its last-mile delivery capabilities and bolster its quick commerce ambition...22 Dec, 2021, 09.25 PM IST
- Xiaomi in talks to back bike taxi app RapidoRapido was founded by Aravind Sanka, Rishikesh S R and Pavan Guntupalli in 2015 and also counts Hero MotoCorp MD Pawan Munjal among its inv...29 Nov, 2019, 11.04 AM IST
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