Rapido
TMT
Rapido raises fresh capital to build war chest for food delivery expansion
Ride-hailing platform Rapido is in the process of raising Rs 125 crore ($14.6 million) from venture capital firm Nexus Ventures, ......
Consumer
Ride-hailing platform Rapido venturing into food delivery
Rapido is entering the food delivery segment with a new platform that charges restaurants a fixed fee per order, according ......
TMT
India's top-funded startups improve cash flow but there is still a long way to go
India’s top-funded technology startups continued to spend more cash on their core business operations than they generated from those activities ......
TMT
Uber adopts smaller rivals' model for India autorickshaw rides
Ride-hailing platform Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them ......
General
Deals Digest: M&As dominate but PE/VC funding value slips
Big-ticket mergers and acquisitions dominated dealmaking activity during the week while the total amount invested by private equity and venture ......
TMT
Prosus hitching a ride on mobility unicorn Rapido
Ride-hailing platform Rapido, which entered the unicorn club last year, has secured Rs 250 crore ($28.8 million) in fresh capital ......
TMT
Flashback 2024: Top technology deals of the year
India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity investments favoring consumer tech, while IT services ......
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 ......
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