Rapido is raising INR 250 Cr (about $28.9 Mn) from Prosus in what seems like its ongoing Series E round
Prosus is acquiring a 2.9% stake in the startup at the same valuation at which it became a unicorn in July last year
The investment will be made through Prosus’ investment vehicle, MIH Investments One B.V.
Ride-hailing major Rapido is raising INR 250 Cr (about $28.9 Mn) from Prosus in what seems like its ongoing Series E round.
Prosus is acquiring a 2.9% stake in the startup at the same valuation at which it…

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