Shunwei, Westbridge Capital in talks to lead $50 million funding in Rapido2 min read 13 Aug 2019, 12:32 AM IST
The startup, which had raised $10 million in January, will be valued at $200 million after the new round
Shunwei’s investment in Rapido also marks its first deal outside the fintech and content space in India
MUMBAI : Bike taxi startup Rapido is in advanced discussions to close a $50 million round led by domestic investment firm Westbridge Capital and China’s Shunwei Capital, said two people aware of the matter, requesting anonymity.
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