<ul><li>Prosus, a global technology investor, is in talks to acquire a 5% stake in the Indian cab-hailing platform, Rapido.</li><li>The deal is expected to be a fully secondary transaction at a flat valuation of $1 billion.</li><li>Rapido's early investors, including AdvantEdge and angel investors, are looking to sell part of their stake.</li><li>Prosus has started the due diligence process, and a 5% stake would translate to an investment of approximately $50 million.</li></ul>

Prosus in talks to pick up 5% stake in Rapido

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