CosmicTaco

Rapido Secures INR 250 Cr From Prosus

CosmicTaco · 2025-02-12T11:03:49.752747+05:30

- Rapido is raising INR 250 Cr ($28.9 Mn) from Prosus in its Series E round. - Prosus will acquire a 2.9% stake in Rapido, maintaining the startup's valuation from last year's unicorn status. - The investment will be facilitated through Prosus' MIH Investments One B.V. Source: [Inc42](https://inc42.com/buzz/exclusive-rapido-to-raise-inr-250-cr-from-prosus/)

Rapido is raising INR 250 Cr ($28.9 Mn) from Prosus in its Series E round.
Prosus will acquire a 2.9% stake in Rapido, maintaining the startup's valuation from last year's unicorn status.
The investment will be facilitated through Prosus' MIH Investments One B.V.

Source: Inc42