<ul><li>Nexus Venture Partners to invest Rs 125 crore in Rapido ahead of its food delivery launch.</li><li>Rapido plans to challenge Zomato and Swiggy in the food delivery sector with lower commission rates for restaurants.</li><li>Rapido raised $200 million last year with funding from WestBridge Capital and Dutch investor Prosus.</li><li>Rapido is expanding into insurance distribution and maintaining market share with millions of daily orders in multiple transport segments.</li></ul>

Nexus Venture to invest Rs 125 crore in Rapido ahead of food delivery launch

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