Tech Company Financing Transactions
Rapido Funding Round
Westbridge Capital and private investors participated in a $120 million venture round for Rapido. The financing round was announced by the company on 7/29/2024.
Transaction Overview
Company Name
Announced On
7/29/2024
Transaction Type
Venture Equity
Amount
$120,000,000
Round
Undisclosed
Investors
Westbridge Capital (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Roppen Transportation Services Pvt Ltd 1st Floor, SLV Nilaya 148
Bangalore, 560102
India
Bangalore, 560102
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Rapido is India's first and fastest-growing Bike taxi app with a whopping 25 Million+ app downloads.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Pavan Guntupalli
Founder
Rishikesh S R
Founder
Aravind Sanka
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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