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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 $177.5 million in an ongoing funding...

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...

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...

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 ......

Lightrock, Kalaari, others pump more money in scooter rental startup Vogo

Consumer

18 February, 2021

Lightrock, Kalaari, others pump more money in scooter rental startup Vogo

Vogo Automotive Pvt Ltd, a shared scooter rental startup, has raised $11.5 million (Rs 83 crore) in an extended Series ......

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

General

29 November, 2019

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

Smartphone maker Xiaomi is looking to invest in a $75 million (Rs 538 crore at current exchange rate) round of ......

WestBridge leads $55 mn Series B round in Rapido

Consumer

27 August, 2019

WestBridge leads $55 mn Series B round in Rapido

Roppen Transportation Services Pvt. Ltd, which runs bike pooling and taxi startup Rapido, has raised Rs 391 crore ($54.6 million...

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

General

20 August, 2019

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

Dewan Housing Finance Corp. Ltd (DHFL)’s parent Wadhawan Global Capital (WGC) is selling its loan distribution business...

Grapevine: Amazon likely to buy into Future Retail; WestBridge may invest in Rapido

General

13 August, 2019

Grapevine: Amazon likely to buy into Future Retail; WestBridge may invest in Rapido

Two-wheeler taxi startup Rapido is in talks to raise $50 million (about Rs 355.5 crore at current exchange rate) in ......

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