rapido
Biggest Startup Investments This Week: Feb 08–14
The Indian startup ecosystem saw a flurry of funding activity this week, with major investments pouring into fintech, legal tech, cloud computing, and mobility startups. Here's a look at the biggest funding rounds of the week:
Rapido Secures INR 250 Cr from Prosus in Series E Round
This latest investment comes just seven months after the company secured USD 120 million in a round led by WestBridge.
India's Tech IPO Market Booms in 2024 with Swiggy's USD 1.34 Billion Debut and Zomato's Sensex Milestone: Report
Among India's 29 profitable unicorns, Zerodha led the pack, emphasising the ecosystem's shift toward sustainability. Inclusivity also shone through, with 19 unicorns led by women founders, showcasing the evolving entrepreneurial landscape.
Year in Review: The Best Funded Startups of 2024
Highlighting 2024 key funding deals, innovative startups across industries secured substantial investments, driving growth, fostering innovation, and unlocking new opportunities for market expansion and development.
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 green shoe option in play, Playbook Partners aims to increase the fund to USD 250 million.
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 technological platform, which is aimed at improving service delivery and user experience.
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 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.
This 30-Year-Old Introduced The Original Bike Taxi Segment In India
Founded by Aravind Sanka along with his co-founders Pavan Guntunpalli and Rishikesh SR, Rapido now enjoys a customer base of 10 million users with a presence in 100 cities
This Bike Taxi Start-up Aims To Make Transportation Accessible to Next 200 million Users This Year
Bengaluru-based bike taxi provider, Rapido is working towards making commuting easier and affordable by allowing users to book a two-wheeler ride through its mobile app
Bengaluru-based Taxi Start-up Rapido Raises US$55 million in Series C round of funding led by WestBridge Capital & Others
Rapido Raises US$55 million in Series C round of funding led by WestBridge Capital & Others