Bike taxi platform Rapido has raised $11.2 million led by Nexus Venture Partners. Rapido Holdings LLC, Integrated Capital, and Karina Choudhrie Tech Sponsors India also participated.
In January, Rapido raised around $10 million led by Integrated Capital. Rapido Holding now holds 20.72% stake in Rapido, while Integrated Capital has increased its shareholding to 14.31%. The startup will use the fresh capital for expansion and growth. (Source)
Started his professional career from an edtech startup, Harsh has more than four years of experience with the startup ecosystem. He loves to play with numbers, chase data-driven stories and coin new terms. Currently based in Gurugram, he can be reached at [email protected]
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