ReferIndia News Rapido Secures $240M Funding to Drive Market Expansion and Technological Investment

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Rapido Secures $240M Funding to Drive Market Expansion and Technological Investment

Published on: May 15, 2026, 1:36 p.m. | Source: Devdiscourse

Rapido, a mobility platform, raised $240 million in a funding round led by Prosus, with participation from WestBridge Capital and Accel. The investment aims to expand market reach, bolster technological capabilities, and enhance mobility services across India, particularly in high-growth regions beyond major cities.

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