Searched for
WESTBRIDGE RAPIDO INVESTMENT
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...- 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...
- 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...
- 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.
- 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...
- US-based Accel Leaders Fund may join Rapido’s $600 million round: SourcesAlong with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary comp...
- WestBridge in no rush to exit as portfolio firms make public market debuts: Managing partner Sandeep SinghalWestBridge, which holds 5.77% stake in Physicswallah post listing, is sitting on shares worth roughly Rs 3,239 crore, while Hornbill Capita...
- 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...
- TVS Motor to divest Rapido stake to Accel, Prosus for Rs 288 croreTVS Motor Company is selling its stake in Rapido. Venture capital firm Accel and investor Prosus will acquire shares for Rs 288 crore. This...
- Rapido looks to close $550 million in financing as Swiggy ends rideOn Tuesday, Swiggy informed the stock exchanges that it is offloading its 11.8% holding in Rapido to Prosus and WestBridge Capital for abou...
- Swiggy shares in focus after Rs 2,399 crore stake sale in Rapido, Instamart slump saleSwiggy's board has approved the sale of its stake in Rapido. The sale will be to MIH Investments One B.V. and Setu AIF Trust. The total val...
- Swiggy could offload Rapido stake over conflict concernsSwiggy said it was "actively re-evaluating" its investment in urban mobility startup Rapido. The company further highlighted that Rapido's ...
- 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...
- Rapido raises $200 million in funding led by WestBridge; valuation hits $1.1 billionAravind Sanka, the company's CEO, told ET that the funds will be used to expand Rapido's newly launched four-wheeler taxi service, which co...
- Rapido goes past $1 billion GMV markRapido, which launched as a bike-taxi platform, has crossed a gross merchandise value (GMV) of $1 billion on the back of aggressive expansi...
- 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...
- Bike taxi startup Rapido returns to pre-covid peaksWith more offices, schools and colleges opening across the country, Rapido is aiming at more than trebling the number of transacting users ...
- Rapido enters fast lane with ₹ 390 croreFirm’s post-money valuation soars to ₹1,000 cr after latest round led by Westbridge Capital.
- Rapido in final stages of closing $50m roundWestBridge Capital, which has formerly focused on making private investments in public equity (PIPE) deals, is likely to invest $30 million...
- Mobility startups attract big bucksAnother area seeing investor action is car & bike pooling, where Quick Ride is learned to have got around $15 million from Naspers.
Load More
