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The Hindu Businessline

Economy / The Hindu Businessline

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Rapido bags $240 mn from Prosus-led round at $3bn valuation

The company plans to use the capital to expand across tier-II and smaller cities, strengthen its captain network, improve last-mile connectivity, and invest in technology, talent, and inclusivity initiatives, including onboarding more women captains

15 May 2026 3:22 pm