Rapido raises $240 million in a funding round led by Prosus, valuing the company at $3 billion. The funding will help expand markets and enhance technology.
Amount Raised
$240 Million
Round Type
Funding Round
BengaluruTransportationInvestors
Description
Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is part of a larger $730 million round. The funds will be used to expand markets, grow its captain network, and enhance technology.
Quick answer
Rapido raised $240 Million in a Funding Round round, dated May 15, 2026. Investors: Westbridge, Accel and Prosus. Rapido is based in Bengaluru, Karnataka, India.
- How much did Rapido raise?
- Rapido raised $240 Million in a Funding Round round on May 15, 2026.
- Who invested in Rapido?
- Westbridge, Accel and Prosus are named as investors in this round.
- What does Rapido do?
- The rapid scaling of quick commerce and hyperlocal delivery has further driven Rapido’s expansion into on-demand logistics with Rapido Local and Rapido Store, the company said in a prepared statement.
- Where is Rapido based and how big is it?
- Rapido is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at Rapido?
- Fundz holds 1 contact at Rapido. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as Rapido that raised within 45 days of this round, from Fundz verified event records.
- Ukrzaliznytsia raised $20M (Grant) on June 27, 2026.
- Aseon Labs raised $10M (Seed) on June 26, 2026.
- FINN raised $113M (Series D) on June 24, 2026.
- Czech Grid.online raised $4.5M (Seed) on June 23, 2026.
- Grid.online raised $4.5M (Seed) on June 22, 2026.
- Acodyne raised $2.8M (Pre-Seed) on June 22, 2026.
Who to call at Rapido, and when
A new round usually means Rapido is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rapido raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rapido, from your own LinkedIn network
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Related People
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