<ul><li>Rapido, a mobility firm, has secured $120 million in Series E funding from WestBridge Capital and other investors.</li><li>The funding round values Rapido as a unicorn, with a total valuation of over $1 billion.</li><li>WestBridge Capital is Rapido's major backer with a 26% stake in the company.</li><li>Rapido claims to have surpassed Ola and become the second-largest ride-hailing company, behind Uber.</li></ul>

Rapido Joins the Unicorn Club With WestBridge Capital’s $120 Million Investment

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