Friday
August 2
2024

India’s Rapido Becomes a Unicorn With Fresh $120 Million Funding

By Manish Singh

Bike-taxi startup Rapido is the latest Indian startup to become a unicorn, meaning it reached $1 billion in valuation. The 8-year-old firm has raised $120 million in a new funding round led by WestBridge Capital, according to a regulatory filing.

Photo courtesy of JanetandPhil.

Source: TechCrunch (link opens in a new window)

Categories
Technology, Transportation
Tags
gig economy, startups