Rapido
General
Deals Digest: Fundraising drops to the lowest in six weeks on high base
Funding momentum in the startup ecosystem this week declined to a six-week low on a high base during the preceding week, ......
TMT
Rapido bags $200 mn in Series E funding, enters unicorn club
Ride-hailing platform Rapido on Thursday said it has raised $200 million in fresh funding as a part of its Series ......
General
Deals Digest: Funding momentum rises on a low base, Rapido leads total value this week
The homegrown venture capital and private equity ecosystem saw a significant uptick this week, with funding making a strong recovery ......
General
Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale
are engaged in early discussions for fresh funding, indicating a resurgence in big-ticket deals exceeding $100 million, a media report said. Lenskart ......
General
Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids
Business-to-business manufacturing and automation startup Groyyo is likely to wind down its trading vertical in coming months, a media report said. Groyyo’s venture capital backers ......
Finance
Rapido backer AdvantEdge Founders to float third VC fund for mobility bets
Gurugram-based venture capital fund AdvantEdge Founders, which counts Samvardhana Motherson Group and Hero MotoCorp as its backers, is floating its third fund to back ......
TMT
Bike taxis continue to ply in Delhi, despite ban
Even as Delhi government’s transport department has asked app-based aggregators Ola, Uber and Rapido to stop their operation of motorbike ......
TMT
Bombay HC asks Rapido to stall ops in Maharashtra
Bombay High Court has directed bike taxi aggregator Rapido to stop operation in Maharashtra immediately owing to the fact that ......
Finance
Deals Digest: Companies rack up $823 mn this week; Swiggy leads Rapido's $180 mn round
Companies raised $823 million funding from venture capital (VC) and private equity (PE) this week, as more than half of ......
TMT
Swiggy leads $180 mn round in bike taxi startup Rapido
Roppen Transportation Services Pvt Ltd, which operates bike taxi app Rapido, has secured $180 million in Series D funding round ......
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