facebook-page-view
Advertisement

Rapido

Premium
Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

General

04 April, 2024

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 ......

Premium
Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids

General

30 October, 2023

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 ......

Premium
Rapido backer AdvantEdge Founders to float third VC fund for mobility bets

Finance

14 April, 2023

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 ......

Bike taxis continue to ply in Delhi, despite ban

TMT

22 February, 2023

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 ......

Bombay HC asks Rapido to stall ops in Maharashtra

TMT

13 January, 2023

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 ......

Premium
Deals Digest: Companies rack up $823 mn this week; Swiggy leads Rapido's $180 mn round

Finance

15 April, 2022

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 ......

Swiggy leads $180 mn round in bike taxi startup Rapido

TMT

15 April, 2022

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 ......

Premium
Weekly Deals Wrap: Total value plunges even as tech startups continue to grab headlines

Finance

20 August, 2021

Weekly Deals Wrap: Total value plunges even as tech startups continue to grab headlines

Deal value across private equity, venture capital and mergers and acquisitions declined about 70% sequentially this week to $920 million ......

Shell Ventures, Yamaha India, others invest $52 mn Series C funding in Rapido

Consumer

16 August, 2021

Shell Ventures, Yamaha India, others invest $52 mn Series C funding in Rapido

Bengaluru-based bike taxi platform Rapido suffered losses from the Covid-19 lockdowns but investor focus has returned to the mobility space ......

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

General

27 April, 2021

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

Wellness Forever, an omnichannel retail pharmacy chain, is looking to raise up to Rs 1,200 crore in an initial public ......