Wednesday, 24 September, 2025
Rapido Secures $500 Million Funding as Swiggy Exits Stake
Rapido is finalizing a $500–550 million funding round, marking one of India's largest venture-backed deals this year. The round includes a $300 million primary investment, with Prosus contributing $240–250 million and WestBridge Capital investing the remainder. Simultaneously, Swiggy is selling its 11.8% stake in Rapido to Prosus and WestBridge for approximately $270 million.
Read full story at Economic Times