| Date | Title | Description |
| 10.09.2024 | Playbook Partners: A New Force in India's Growth Capital Landscape | In the bustling world of investment, Playbook Partners has emerged as a significant player. The firm recently announced the first close of its inaugural fund, raising over $130 million in just four months. This rapid success is a testament ... |
| 10.09.2024 | Playbook Partners Raises USD 130 Mn in First Close, Eyes USD 250 Mn Target The funds have been raised through established global investors from Europe, the US, the Middle East, and India. With the gre... | Growth Capital (GC) firm Playbook Partners has marked the first close of over USD 130 million within just four months. The funds have been raised through established global investors from Europe, the US, the Middle East, and India.
With the... |
| 10.09.2024 | Playbook Partners marks first close of maiden fund | Vikas Choudhury, founder, Playbook Partners
Playbook Partners, a growth-stage focused investment firm set up by founding partner of Pivot ventures Vikas Choudhury, has marked the first close of its maiden fund launched earlier this year.
Th... |
| 07.09.2024 | From Drip Capital To Rapido – Indian Startups Raised $348 Mn This Week | SUMMARY
Between September 2 and 7, Indian startups collectively mopped up around $348 Mn in funding across 19 deals
Rapido’s fundraise, the traveltech sector became the funded sector with an investment of $204 Mn deals
Ather Energy is looki... |
| 06.09.2024 | [Weekly funding roundup Aug 31-Sep 6] Venture capital inflow trends uneven
Recommended Stories For You | The month of September has begun on a modest note for the Indian startup ecosystem as venture capital funding dropped a few notches from the previous week, primarily due to the absence of large deals.
The first week of September saw total f... |
| 05.09.2024 | Rapido's Ascent: A New Unicorn in India's Ride-Hailing Arena | In the bustling streets of India, a new player has emerged, shaking up the ride-hailing landscape. Rapido, a Bengaluru-based startup, has just secured $200 million in a Series E funding round, catapulting its valuation to a staggering $1.1 ... |
| 05.09.2024 | Rapido turns unicorn, bags $200M in Series E funding
Recommended Stories For You | Ride-hailing platform Rapido on Wednesday said that it has raised $200 million in a Series E funding round, marking its entry into unicorn club.
The funding round was led by existing investor WestBridge Capital and also saw participation fr... |
| 05.09.2024 | Rapido Hits Unicorn Status with USD 1.1 Bn Valuation After USD 200 Mn Series E Funding The newly raised capital will be utilised to fuel Rapido's expansion across India and further enhance its technol... | Bengaluru-based ride-hailing platform Rapido has raised USD 200 million in its Series E funding round, led by WestBridge Capital.
The round saw participation from key investors such as Think Investments, Nexus Venture Partners, and Invus Gr... |
| 05.09.2024 | Rapido raises $200 million in funding led by WestBridge; valuation hits $1.1 billion | ETtechL-R: Rapido founders Rishikesh SR, Aravind Sanka and Pavan Guntupalli
Mobility startup Rapido has secured $200 million in a financing round led by existing investor WestBridge Capital, vaulting into the unicorn club of privately-held ... |
| 05.09.2024 | Rapido raises $200 Mn in Series E at $1.1 Bn valuation | Ride-hailing app Rapido has secured $200 million in its Series E funding round, led by WestBridge Capital. The round also saw participation from Think Investments, Nexus Venture Partners, and Invus Group.
While WestBridge alone invested $12... |
| 05.09.2024 | Rapido bags $200 mn in Series E funding, enters unicorn club | Ride-hailing platform Rapido on Thursday said it has raised $200 million in fresh funding as a part of its Series E round that valued it about $1.1 billion.
Its existing investor WestBridge Capital, which has also invested in several homegr... |
| 05.09.2024 | Rapido is India's fourth unicorn of 2024 after raising $200m led by WestBridge | Ride-hailing platform Rapido on Thursday said it has raised about $200 million in a Series E round of funding led by WestBridge Capital, at a valuation of $1.1 billion, effectively catapulting into India’s unicorn club.
The round also saw p... |
| 30.08.2024 | VC Funding Deals in India Surpass $6.3 Billion Despite Global Caution: GlobalData GlobalData, a data analytics company recently released a report on VC Funding in Indian Startups reported a significan... | GlobalData, a data analytics company recently released a report on VC Funding in Indian Startups reported a significant surge in funding during the January to July 2024 period, recording a total of 672 deals raising US$6.3 billion.
The repo... |
| 14.08.2024 | Ather Energy: A New Unicorn in the Electric Revolution | Ather Energy has officially joined the unicorn club, a coveted status that signifies a valuation of over $1 billion. The Bengaluru-based electric scooter manufacturer secured $71 million from the National Investment and Infrastructure Fund ... |
| 14.08.2024 | With $71 M from current backer NIIF, Ather becomes unicorn | With the acquisition of $71 million from current investor National Investment and Infrastructure Fund (NIIF), Bengaluru-based Ather Energy, a manufacturer of electric scooters, has joined the unicorn club.
Ather’s estimated net worth is $1.... |
| 13.08.2024 | Ather enters unicorn club with fresh funding from NIIF | Ather electric scooters are seen outside the showroom in Mumbai, India | Credit: Reuters
Electric scooter maker Ather Energy has made its entry into the unicorn club, securing $71 million (Rs 596 crore) in fresh capital from India's quasi-s... |
| 13.08.2024 | Ather Energy enters unicorn club after raising $71M funding from NIIF
Recommended Stories For You | Electric two-wheeler maker Ather Energy has turned unicorn after raising Rs 600 crore ($71 million) from existing investor National Investment Infrastructure Fund (NIIF) in a new funding round, two sources told YourStory.
This comes days ... |
| 13.08.2024 | Ather joins unicorn club with $71 Mn from existing backer NIIF | Electric scooter manufacturer Ather Energy has entered the unicorn club as the Bengaluru-based firm scooped up $71 million from existing investor National Investment and Infrastructure Fund (NIIF).
Sources close to the firm indicate that At... |
| 13.08.2024 | Ather Energy becomes unicorn after raising $71 million funding from NIIF | Electric two-wheeler maker Ather Energy has turned unicorn after raising ₹600 crore ($71 million) from existing investor National Investment Infrastructure Fund (NIIF) in a new funding round, according to sources.
NIIF, the Indian soverei... |
| 05.08.2024 | VC funding in July rises by 103%, crosses $1B mark
Recommended Stories For You | Venture Capital (VC) funding into Indian startups on crossed the $1 billion mark on a month-on-month basis for three months in a row, and this augurs well for the ecosystem which seems to be slowly stepping away from the funding winter.
The... |
| 04.08.2024 | Riding the Wave: Rapido's Ascent to Unicorn Status and the Future of Indian Startups | In the bustling landscape of Indian startups, a new unicorn has emerged. Rapido, a bike taxi aggregator, recently secured $120 million in funding, catapulting its valuation to over $1 billion. This milestone is not just a feather in Rapido'... |
| 03.08.2024 | From Rapido To BharatPe- Indian Startups Raised $222 Mn This Week | SUMMARY
Indian startups cumulatively raised $222.2 Mn via 25 deals, a 416% increase from $43.1 Mn raised via 12 deals in the week prior
Rapido emerged as India's 116th unicorn this week when it bagged $120 Mn at a post-money valuation of a ... |
| 03.08.2024 | The Best Startup Funding This Week: July 27–Aug 2 Here is a list of the startups that have raised the most money this week, from July 27 to Aug 2. | Rapido: Founded in 2015 by Aravind Sanka, Pavan Guntupalli, and SR Rishikesh, Bengaluru's Rapido is a ride-hailing service offering bike taxis, auto rickshaws, cabs, parcel delivery, and third-party logistics, catering to diverse transporta... |
| 02.08.2024 | [Weekly funding roundup July 27- Aug 2] Sharp rise in VC inflow
Recommended Stories For You | August has brought with it a cheer in the venture capital ecosystem.
The first week of the month saw venture capital funding touching $332 million across 22 deals. In comparison, the previous week saw only $71 million coming in. The startup... |
| 31.07.2024 | Rapido Achieves Unicorn Status with $120 Million
Infrastructure Today Conclave: Towards a Viksit Bharat @ 2047
Construction entities will maintain healthy revenue growth: ICRA
Top 10 listed real estat... | ECONOMY & POLICY Rapido Achieves Unicorn Status with $120 Million
31 Jul 2024 2 Min Read CW Team
Rapido, an Indian bike taxi aggregator, has achieved unicorn status following a significant funding round that raised $120 million. This mi... |
| 31.07.2024 | WestBridge led $120 M Series E funding raised by mobility startup Rapido | With a $120 million Series E funding round led by its largest backer, WestBridge Capital, which contributed money through three different investment vehicles, Swiggy-backed mobility startup Rapido has become a unicorn.
According to Rapido’s... |
| 30.07.2024 | India's Bike Taxi Rapido Reaches $1 Billion in Valuation After $120 Million Funding | By Aldohn Domingo
Published Jul 30, 2024 7:32AM EDT
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India's Rapido continues to show its dominance as the bike taxi startup becomes the ... |
| 30.07.2024 | Rapido Liable To Pay GST For Its Cab Services: Karnataka AAR | SUMMARY
Rapido submitted that it charges its drivers a subscription instead of a commission, without making any revenue on the fare
This also comes at a time when Rapido turned unicorn after raising a funding of $120 Mn from its existing in... |
| 30.07.2024 | Rapido Achieves Unicorn Status with USD 120 Mn Series E Round Led by WestBridge Capital Rapido is the third company to join the unicorn club this year, following fintech Perfios and AI startup Krutrim... | Swiggy-backed mobility startup Rapido has achieved unicorn status following a USD 120 million Series E funding round led by its major investor, WestBridge Capital, which has pumped in money through three different investment vehicles.
Based... |
| 29.07.2024 | Rapido Enters Unicorn Club By Raising $120 Mn From WestBridge Capital | SUMMARY
Rapido raised the funding from WestBridget Capital at a valuation of over $1 Bn
The startup has become the third unicorn of 2024 with this, after Krutrim AI and Perfios
Rapido is also in talks with global investors to raise another ... |
| 29.07.2024 | Rapido raises $120M from WestBridge Capital, turns unicorn | Rapido has raised $120 million (approximately Rs 1,000 crore) in a Series E funding round led by existing investor WestBridge Capital at a valuation of $1 billion, a filing with the Registrar of Companies showed.
The ride-hailing platform t... |
| 29.07.2024 | Rapido joins unicorn club with $120 Mn round led by WestBridge | Swiggy-backed mobility startup Rapido has turned unicorn with a $120 million Series E funding round led by its largest backer WestBridge Capital which has pumped in money through three different investment vehicles.
The board at Rapido has ... |
| 05.07.2024 | Rein in errant auto drivers first, then crack down on bike taxis in Bengaluru, netizens tell Karnataka govt | Karnataka transport department seized 133 bike taxis in Bengaluru on Friday
The Karnataka government's decision to crack down on bike taxis has not gone down well with Bengaluru citizens.
Many demanded that the state government first rein i... |
| 05.07.2024 | Bike Taxis In Bengaluru Under Transport Dept’s Lens After Protests By Auto, Cab Drivers | SUMMARY
The autorickshaw and cab drivers laid siege to the transport department’s head office in Shanti Nagar area, protesting against bike taxis and implementing a 'one city, one cab fare'
The transport also authority issued an order, dire... |
| 29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
| 28.05.2024 | Karnataka HC maintains 5% service charge cap on app-based autos | The Karnataka High Court on Monday dismissed the writ petitions filed by ride hailing companies against capping the service charge levied at 5% in the state.
The petitions challenged the state government’s notification fixing the service ch... |
| 19.05.2024 | Decrease in road accident fatalities in Delhi till May 15, shows data | - |
| 09.05.2024 | LS polls: Delhi voters to get free bike taxi ride to booths on voting day | - |
| 09.05.2024 | Paytm Eyeing Foray Into Ride Hailing Space With Autorickshaw Offerings | SUMMARY
Paytm is planning to offer auto rickshaw booking services through ONDC in tier I cities such as Delhi, Bengaluru and Chennai
Paytm is currently testing the ride-hailing feature on its app with select users and might also offer cab b... |
| 06.05.2024 | Rapido offers free rides to voters on May 13 in Hyderabad, 3 other cities | - |
| 24.04.2024 | Lok Sabha polls: Show inked finger for free dosa and discount at Bengaluru restaurants; Rapido offers no-cost bike taxi rides | The elections for 28 Lok Sabha seats in Karnataka are being held in two phases, with South Karnataka voting on April 26 and North Karnataka on May 7.
To increase voter turnout in Bengaluru, many restaurants and commercial establishments hav... |
| 10.04.2024 | Quick-Commerce Startups in India on the Rise | Indian quick-commerce startups like Zepto are skyrocketing in sales, with Zepto hitting $1.2 billion in annualized sales in just 29 months. Competing with giants like Zomato and Swiggy, Zepto is quickly gaining market share and is on track ... |
| 05.04.2024 | Rapido Eyes $100 Mn Funding From Existing Backer WestBridge Capital, Others | SUMMARY
Rapido has received commitments of around $70 Mn, and is currently approaching Indian family offices for additional support
This funding may take the company’s valuation to $900 Mn
In FY23, Rapido reported a standalone loss of INR 6... |
| 05.04.2024 | Now, Kochi Metro Rail Joins ONDC Network To Fuel Mobility Experience | SUMMARY
Kochi Metro Rail has now become the second metro service to join the ONDC Network
With this, commuters will be able to purchase single journey and return journey tickets for the Kochi Metro through four buyer apps on the ONDC Networ... |
| 05.04.2024 | Nearly 5,000 polling booths identified as vulnerable in Punjab, says CEO | Punjab Chief Electoral Officer (CEO) Sibin C on Friday said that vulnerability mapping ahead of the Lok Sabha poll is going on and around 5,000 polling booths have been identified as vulnerable.
"Vulnerability mapping is going on and a... |
| 04.04.2024 | Exclusive: Lenskart, Purplle, Healthkart may raise fresh funds as big-ticket startup deals gain momentum | ETtech
The Indian startup sector is seeing a return of big-ticket deals of $100 million or more for strong businesses that are growing fast and are on a path to profitability, according to industry executives who view this as a significant ... |
| 29.03.2024 | India’s top-funded tech startups reined in FY23 losses as revenue growth slowed | Premium
Credit: 123RF.com
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture capital funding, reined in their operating losses in the financ... |
| 23.03.2024 | JioCinema Gets 11.3 Cr Viewers On Day 1 Of IPL 2024 | SUMMARY
The OTT streaming platform clocked 59 Cr views on the first day of the tournament, translating into 660 Cr minutes of watch time
As many as 32 startups have associated with the IPL this year, a steep 68% increase from last year’s 19... |
| 11.03.2024 | Magicpin launches delivery service to enter logistics aggregation segment | Hyperlocal delivery startup Magicpin announced the launch of its delivery-as-a-service vertical Velocity, which the company plans to scale to 100,000 orders daily.
The platform is currently witnessing an average of 5,000 orders per day. Wit... |
| 10.03.2024 | Bengaluru man says auto drivers forcefully stopped him from using Rapido bike taxis: 'Goon behaviour' | The incident happened outside Jalahalli metro station on Saturday evening. (representational image: Unsplash)
A man in Bengaluru has claimed that auto drivers outside Jalahalli metro station forcefully stopped him from using Rapido bike tax... |
| 26.10.2023 | India’s bike taxi startup Rapido is getting into the cab business | Rapido, the eight-year-old Indian bike taxi startup, is expanding into the cab market in the South Asian nation, where Uber and its homegrown competitor Ola dominate.
The Bengaluru-based startup has begun a pilot of its cab service in the s... |
| 18.04.2022 | Indian bike taxi startup Rapido raises $180m funding led by Swiggy | Bengaluru-based bike taxi startup Rapido has raised $180 million in its Series D funding round led by food delivery giant Swiggy, per an announcement on Friday. |
| 18.04.2022 | Bike and Auto Taxi Platform Rapido raises USD 180 million in Series D Funding | Indian bike and auto taxi startup Rapido raised USD 180 million in Series D funding on April 15, 2022. Indian foodtech unicorn Swiggy led the funding for Rapido. New investor TVS motors also invested in the round. |
| 16.04.2022 | With Swiggy as lead, Rapido raises $180 million; both eye logistics scale-up | Bike-taxi platform Rapido said Friday it has raised $180 million in a funding round led by food and grocery delivery company Swiggy, along with investment from TVS Motor Company, Westbridge, Shell Ventures, and Nexus Ventures. Post this Ser... |
| 16.04.2022 | Rapido raises $180 mn at $830 mn valuation in funding round led by Swiggy | Bike taxi platform Rapido, has raised $180 million in its latest Series D round. Led by new investor Swiggy, the round also saw investment from TVS Motor Company, along with existing investors, Westbridge, Shell Ventures, and Nexus Ventures... |
| 16.04.2022 | Swiggy leads $180 million funding round in Rapido, bike taxi startup valued at $830 million | ETtech
Bengaluru: Swiggy has led an investment of $180 million in bike and auto-taxi aggregator Rapido in what is a maiden bet in the mobility sector for the food delivery major as well as its single largest cheque in a startup.
New investo... |
| 15.04.2022 | Swiggy backs bike taxi platform Rapido in $180 million funding | Swiggy has led a $180 million financing round into bike taxi startup Rapido as the Indian food delivery giant looks to broaden its fleet network across the country, the two firms said on Friday.
Rapido’s Series D financing round also saw pa... |
| 15.04.2022 | Rapido raises USD 180 million in series D round led by Swiggy | India’s largest bike taxi platform, Rapido, today announced that it has raised USD 180 million in its latest series D round of funding. The latest round of fundraising was led by the new investor Swiggy and it also saw investment from TVS M... |
| 15.04.2022 | Rapido Raises $177.5 Million Funding From Swiggy, TVS Motors, Others | Rapido, a Bengaluru-based bike taxi startup, has raised around $177.5 Million in a funding round led by food tech giant Swiggy. New investor TVS Motors and existing investors WestBridge Capital, Nexus Ventures, and Shell Ventures also parti... |
| 15.04.2022 | Rapido raises $180 mn at $830 mn valuation in funding round led by Swiggy | Bike taxi platform Rapido, has raised $180 million in its latest Series D round. Led by new investor Swiggy, the round also saw investment from TVS Motor Company, along with existing investors, Westbridge, Shell Ventures, and Nexus Ventures... |
| 15.04.2022 | Bike Taxi Platform Rapido Raises $180 Million In Swiggy-Led Funding Round | |
| 15.04.2022 | Bengaluru-based Rapido Raises USD 177.5 Mn In a Funding Round Led by Swiggy | Bengaluru-based bike taxi startup Rapido has raised around $177.5 Mn in a funding round led by food delivery aggregator Swiggy. The round also saw participation from another new investor TVS Motors, reported Inc42. Apart from them, Rapido’s... |
| 15.04.2022 | Swiggy leads $180 million funding round in Rapido, bike taxi startup valued at $830 million | ETtech
Bengaluru: Swiggy has led an investment of $180 million in bike and auto-taxi aggregator Rapido in what is a maiden bet in the mobility sector for the food delivery major as well as its single largest cheque in a startup.
New investo... |
| 15.04.2022 | Swiggy leads $180 mn round in Rapido; TVS joins as new investor | Swiggy leads $180 mn round in Rapido; TVS joins as new investor
Premium Aravind Sanka, co-founder of bike taxi operator Rapido. 2 min read . Updated: 15 Apr 2022, 11:55 PM IST Anuj Suvarna
The Rapido deal highlights renewed investor interes... |
| 15.04.2022 | Swiggy leads $177.5 mn round in bike taxi startup Rapido | Roppen Transportation Services Pvt Ltd, which operates bike taxi app Rapido, has secured $177.5 million in an ongoing funding round led by food delivery platform Swiggy, as per VCCircle analysis based on the regulatory filings.
ADVERTISEMEN... |
| 15.04.2022 | Rapido raises $175 Mn led by Swiggy at valuation of $800 Mn | Bike taxi platform Rapido has raised around $175 million in a new round from foodtech major Swiggy with participation from WestBridge, TVS Motor, Shell Ventures and Nexus Ventures. In August last year, WestBridge had led $52 million round i... |
| 15.04.2022 | Rapido raises $180 mn in funding round led by Swiggy | Rapido raises $180 mn in funding round led by Swiggy
Premium Rapido, which had raised $130 million from various investors in past, is currently present in around 100 cities across the country with over 25 million customers and over 1.5 mill... |
| 14.04.2022 | [Update] Exclusive: Bike Taxi Startup Rapido Raises $180 Mn From Foodtech Giant Swiggy, TVS Motor | Update| 18th April, 10:38 AM
After Inc42 reported on Rapido’s funding round led by Swiggy, the bike taxi startup later confirmed the development. The startup had raised $180 Mn led by Swiggy in participation from TVS Motors, WestBridge Capi... |
| 13.04.2022 | Swiggy leads $180m round of 🇮🇳 bike-taxi firm | InvestmentsNewsStartups
Kul Bhushan · 1d ago · 1 min readSwiggy leads $180m round of 🇮🇳 bike-taxi firm
India-based bike-taxi firm Rapido has raised US$180 million in a series D round led by a new investor: Swiggy, the SoftBank-backed food d... |
| 23.08.2021 | Bike-taxi App Rapido Has Raised USD 52 million To Expand Its Growth In India | Rapido, India’s largest bike taxi platform, has secured $52 million in its latest round of funding. The round saw participation from new investors including Shell Ventures, Yamaha, Kunal Shah, founder of CRED, Amarjit Singh Batra, CEO, Spot... |
| 17.08.2021 | Bike taxi startup Rapido raises USD 52 million from WestBridge Capital and others | Bengaluru-based bike taxi startup Rapido has raised USD 52 million in a Series C round led by its existing backer WestBridge Capital, with participation from new investors including Shell Ventures, Yamaha, Cred’s founder Kunal Shah, Spotify... |
| 17.08.2021 | Rapido Secures $52 Mn Funding | August 17, 2021 2 min read
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Rapido, bike taxi platform, recently announced securing $52 milli... |
| 16.08.2021 | Indian bike taxi platform Rapido raises $52m in fresh funding | Premium
Bike taxi platform Rapido Monday said that it has raised $52 million in its latest round of funding from new investors including Shell Ventures, Yamaha, Kunal Shah (founder, CRED), Amarjit Singh Batra (CEO, Spotify India) and Positi... |
| 16.08.2021 | Bike Taxi platform Rapido raises $52m in latest funding round | Company said it received funding from new investors including Shell Ventures, Yamaha, Kunal Shah, Founder-CRED, Amarjit Singh Batra, CEO-Spotify India, and Positive Moves Consulting
Bike taxi platform Rapido has raised a $52 million funding... |
| 16.08.2021 | Indian bike taxi platform Rapido raises $52m in fresh funding | Bike taxi platform Rapido Monday said that it has raised $52 million in its latest round of funding from new investors including Shell Ventures, Yamaha, Kunal Shah (founder, CRED), Amarjit Singh Batra (CEO, Spotify India) and Positive Moves... |
| 16.08.2021 | Rapido raises $52 million led by WestBridge, Yamaha joins as new investor | Agencies
Bike-taxi platform Rapido on Monday said it has secured $52 million in fresh funding at a time when the mobility sector is clocking a steady recovery post the second wave of the Covid-19 pandemic.
The new round values the Bengaluru... |
| 16.08.2021 | Rapido secures $52 mn in Series C funding round | Shweta Sharma 16 Aug, 2021
For Bengaluru-based bike taxi platform Rapido, the Covid-19 induced lockdowns meant business losses. However, with the country easing social restrictions, the mobility space has garnered investor attention. On Mon... |
| 16.08.2021 | Bike taxi startup Rapido raises $52 mn to expand operations across India | Rapido, India’s largest bike taxi platform, has secured $52 million in its latest round of funding. The round saw participation from new investors including Shell Ventures, Yamaha, Kunal Shah, founder of CRED, Amarjit Singh Batra, CEO, Spot... |
| 16.08.2021 | Bike taxi service platform Rapido raises $52 million led by Shell, Yamaha, others | Advertisment
In the next 18 months, the startup hopes to serve 50 million customers. The startup also intends to invest capital in broadening its technology stack (via strategic investments) and hiring more people.
Rapido's growth coincid... |
| 16.08.2021 | Shell Ventures, Yamaha India, others invest $52 mn Series C funding in Rapido | Bengaluru-based bike taxi platform Rapido suffered losses from the Covid-19 lockdowns but investor focus has returned to the mobility space after easing of restrictions. On Monday, the company said it has secured $52 million (about Rs 385 c... |
| 16.08.2021 | Rapido secures USD 52 Million in a Series C funding round | 16.August.2021 – Bengaluru-based Rapido, a Bike Taxi platform, announced that it raised USD 52 Million in a Series C funding round. This funding round was led by Positive Moves Consulting, Shell Ventures and some of the angel investors like... |
| 16.08.2021 | Rapido raises $52 million led by WestBridge, Yamaha joins as new investor | ETtech
Bike-taxi platform Rapido on Monday said it has secured $52 million in fresh funding at a time when the mobility sector is clocking a steady recovery post the second wave of the Covid-19 pandemic.
The new round values the Bengaluru-b... |
| 16.08.2021 | Yamaha invests in bike taxi startup Rapido’s $52 million funding round | Shell Ventures, CRED’s Kunal Shah, Spotify India’s CEO Amarjit Singh Batra also participated in the round.
Rapido plans to use this funding to onboard 50 million new users in the next 18 months.
The company claims to have over 1.5 million d... |
| 16.08.2021 | Indian bike taxi service Rapido raises $52 million | Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market.
The six-year-old s... |
| 06.05.2021 | Bike Taxi Startup Rapido Raises $43 Mn In Series C Funding | Rapido, a Bengaluru-headquartered bike taxi startup, has raised Rs 321 Cr or $43.4 Mn in a Series C funding round led by existing investor Westbridge Capital.
First reported by Inc 42, the funding round also saw participation from firms inc... |
| 24.10.2019 | Shunwei Capital backs Indian bike-taxi service Rapido’s $55m Series B round | Premium
Indian bike-taxi service app Rapido has secured $55 million in a Series B round of financing from a group of investors including Shunwei Capital, a Chinese venture capital firm led by smartphone maker Xiaomi’s founder Lei Jun.
Conti... |
| 28.08.2019 | Bike taxi startup Rapido is raising $55 mn in fresh funding round | Vijayakumar Pitchiah 28 Aug, 2019
Telangana-based bike taxi startup Rapido is raising $54.55 million in a fresh round of funding led by Bengaluru-based public markets-focussed private equity firm WestBridge Capital.
Westbridge Capital is in... |
| 27.08.2019 | India: Bike taxi startup Rapido raises $55.5m funding led by WestBridge | Premium
Bike taxi startup Rapido has raised around ₹400 crore in a round led by WestBridge Capital.
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| 27.08.2019 | Rapido raises Rs 391 Cr led by WestBridge; valuation crosses Rs 1,000 Cr | Bike taxi startup Rapido is moving rapidly. The four-year-old firm has scaled up to roughly four million monthly rides and has expanded its operations to over 30 cities across seven states. It also has been in an advanced discussion to rais... |
| 27.08.2019 | WestBridge leads $55 mn Series B round in Rapido | Roppen Transportation Services Pvt. Ltd, which runs bike pooling and taxi startup Rapido, has raised Rs 391 crore ($54.6 million at current exchange rate) in its Series B funding round led by private equity firm WestBridge Capital, accordin... |
| 27.08.2019 | China’s Shunwei funds Rapido, India’s answer to Gojek (UPDATE) | Bangalore-based bike taxi operator Rapido is in advanced talks with private equity fund Westbridge Capital and Chinese investor Shunwei for a USD 50 million dollar B round at a 200 million valuation, according to a local media report.
Exist... |
| 23.04.2019 | India’s bike taxi startup Rapido raises $11.2m led by Nexus Venture Partners | Premium
Roppen Transportation Services Pvt. Ltd, which operates bike taxi startup Rapido, has raised about $11.2 million (Rs 78.2 crore) in a Series A funding round led by venture capital firm Nexus Venture Partners.
Continue reading this s... |
| 28.01.2019 | Top startup news for today, Monday, January 28, 2019 | Good morning! Here are some of the top technology startup news stories for today, Monday, January 28.
India BYJU’S acquires popular playful learning system Osmo, for $120 million. BYJU’S, a Bangalore, India-based edtech company, acquired O... |
| 25.01.2019 | Rapido raises Rs 52 Cr Series A round led by Integrated Capital Growth | Bike taxi segment has witnessed many casualties as a majority of startups operating in the segment failed to rise beyond seed or pre-Series A round. About half a dozen of them alone died in Delhi (NCR). However, Rapido has sustained the blo... |
| 22.09.2017 | Bike taxi startup Rapido is in talks to acquire Hyderabad-based Getbike | Bangaluru-based Bike taxi company Rapido is in acquisition talks with Hyderabad-based motorcycle-sharing startup Getbike. The deal will help Rapido enter Hyderabad by leveraging on Getbike’s infrastructure and market presence, reports VCCir... |
| - | Exclusive: Rapido Closes Series B Funding Round At $55 Mn Led By WestBridge Capital | Bengaluru-headquartered bike taxi startup Rapido has closed its Series B funding round at INR 390.11 Cr ($54.9 Mn) from a bunch of new and existing investors.
According to the Ministry of Corporate Affairs filings accessed by Inc42, the com... |
| - | Rapido To Raise INR 391 Cr Series B Amid Regulatory Hurdles | Image Credit: Hindu BusinessLine
Bengaluru-headquartered bike taxi startup Rapido is raising INR 391 Cr ($54.54 Mn) in a Series B funding round.
According to the Ministry of Corporate Affairs filings accessed by Inc42, the company’s board p... |
| - | India’s top 25 most attractive start-ups to work for, according to LinkedIn | There’s no denying that India’s startup space is growing.
Indian startups have reportedly raised over $1 billion in August this year alone. That’s despite capital constraints in a slowing global economy, where the days of easy money for sta... |
| - | Hong Kong’s Integrated Capital Leads $10 Mn Funding In Bike Taxi App Rapido | Bengaluru-based bike taxi app Rapido has raised $10 Mn (INR 71.08 Cr) in a fresh round of funding led by Hong Kong’s multi-strategy private investment office, Integrated Capital. Existing investors Skycatchr, AdvantEdge and Astrac Ventures ... |
| - | News Roundup: 9 Stories You Don’t Want To Miss This Week [30 January – 4 February] | After last minute questions on whether the Union Budget 2017-18 will be presented on account of the demise of a sitting Member of Parliament, Finance Minister Arun Jaitley presented the most awaited first budget post- demonetisation. From f... |
