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Rapido To Get Another Tank Full Of Investments, Likely To Raise $60 Mn From Prosus

  • Ride-hailing unicorn Rapido is set to raise $60 Mn from Prosus in a mix of primary and secondary share sales.
  • Terms of the deal have been finalized and it will enable partial exits for early backers.
  • The $60 Mn round will mark the conclusion of Rapido's Series E round, with no change in valuation.
  • Rapido, founded in 2015, offers bike taxis, autos, cab services, and peer-to-peer delivery services.

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