The fund infusion is an extension to data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/funding/rapido-rolls-into-unicorn-club-with-200-million-raise-at-1-1-billion-valuation/articleshow/113073029.cms” data-type=”tilCustomLink” target=”_blank”>Rapido’s Series E round in which it had raised $200 million last year, led by WestBridge Capital.
Prosus comes in as a new investor into the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/bike-taxi-startup” target=”_blank”>bike taxi startup, data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/rapido-goes-past-1-billion-gmv-mark/articleshow/112384256.cms” data-type=”tilCustomLink” target=”_blank”>which hit $1 billion in gross merchandise value (GMV) last year.
The investment was made at the same $1.1-billion valuation at which Rapido raised funds from WestBridge.
The…
