Tech Company Financing Transactions
Rapido Funding Round
On 5/15/2026, Rapido raised $240 million in funding from Prosus Ventures, Accel Partners and Westbridge Capital.
Transaction Overview
Company Name
Announced On
5/15/2026
Transaction Type
Venture Equity
Amount
$240,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The fresh capital would be used to increase its footprint in high-growth markets, strengthen its driver network, and invest in technology and platform efficiency.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Roppen Transportation Services Pvt Ltd 1st Floor, SLV Nilaya 148
Bangalore, 560102
India
Bangalore, 560102
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Rapido is India's first and fastest-growing Bike taxi app with a whopping 25 Million+ app downloads.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Pavan Guntupalli
Founder
Rishikesh S R
Founder
Aravind Sanka
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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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