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Prosus hitching a ride on mobility unicorn Rapido

TMT

13 February, 2025

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 ......

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Flashback 2024: Top technology deals of the year

TMT

27 December, 2024

Flashback 2024: Top technology deals of the year

India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity ......

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Deals Digest: Fundraising drops to the lowest in six weeks on high base

General

06 September, 2024

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......

Rapido bags $200 mn in Series E funding, enters unicorn club

TMT

05 September, 2024

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 ......

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Deals Digest: Funding momentum rises on a low base, Rapido leads total value this week

General

02 August, 2024

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 ......

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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......

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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......

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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 ......

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 ......

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 ......

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