India’s Rapido becomes unicorn with fresh $120 million funding

Bike-taxi startup Rapido has become the latest Indian startup to become a unicorn. The eight-year-old firm has raised $120 million in a new funding round led by WestBridge Capital, according to a regulatory filing. The new capital, a Series E infusion, highlights Rapido’s growing prominence in India’s mobility sector where it has emerged as a […] © 2024 TechCrunch. All rights reserved. For personal use only....