Tech Company Financing Transactions

Rapido Funding Round

Rapido closed a $180 million Series D financing round on 4/15/2022. Investors included Swiggy, TVS Motor and WestBridge Ventures.

Transaction Overview

Company Name
Announced On
4/15/2022
Transaction Type
Venture Equity
Amount
$180,000,000
Round
Series D
Investors

Swiggy (Lead Investor) (Sriharsha Majety)

TVS Motor

WestBridge Ventures

Proceeds Purpose
Indian food delivery giant looks to broaden its fleet network across the country, the two firms said on Friday.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
Roppen Transportation Services Pvt Ltd 1st Floor, SLV Nilaya 148
Bangalore, 560102
India
Phone
Undisclosed
Email Address
Not Recorded
Overview
Rapido is India's first and fastest-growing Bike taxi app with a whopping 25 Million+ app downloads.
Profile
Rapido LinkedIn Company Profile
Social Media
Rapido Company Twitter Account
Company News
Rapido News
Facebook
Rapido on Facebook
YouTube
Rapido on YouTube

Management Team

Title
Name
Email & Social
Founder
Pavan Guntupalli
  Pavan Guntupalli LinkedIn Profile  Pavan Guntupalli Twitter Account  Pavan Guntupalli News  Pavan Guntupalli on Facebook
Founder
Rishikesh S R
  Rishikesh S R LinkedIn Profile  Rishikesh S R Twitter Account  Rishikesh S R News  Rishikesh S R on Facebook
Founder
Aravind Sanka
  Aravind Sanka LinkedIn Profile  Aravind Sanka Twitter Account  Aravind Sanka News  Aravind Sanka on Facebook


 

 

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Where The Data Comes From

We report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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