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Rapido raises $240M from Prosus, reaches $3B valuation

Rapido raises $240M in a Prosus-led round, valuing the Indian ride-hailing platform at $3B post-money.

May 15 · · primary fetch1 sourceupdated May 15 ·

Pramugdha Mamgain / DealStreetAsia: Indian ride-hailing app Rapido raised $240M led by Prosus as part of a broader primary and secondary financing transaction, valuing Rapido at $3B post-money — Ride-hailing platform Rapido, operated by Roppen Transportation Services Private Limited, on Friday announced that it has raised $240 million …

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  1. techmeme.comIndian ride-hailing app Rapido raised $240M led by Prosus as part of a broader primary and secondary financing transaction, valuing Rapido at $3B post-money (Pramugdha Mamgain/DealStreetAsia)primary