India motorcycle taxi platform Rapido gets $55m Series B
Chinese early-stage investor Shunwei Capital Partners has participated in a Series B funding round for Indian motorcycle taxi operator Rapido, drawing comparisons with the growth trajectory of Indonesia’s Go-Jek.
The $55 million round also featured WestBridge Capital, Bace Capital – an India and Southeast Asia-focused firm established by a team that spun out from Alibaba Group and Ant Financial – and Nexus...
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