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Rapido raises $52 Mn from Shell Ventures, Yamaha

Shortpedia

Content Team
Image Credit: Inc42

Online bike taxi aggregator Rapido has announced securing $52 Mn in its latest funding round. The funding saw participation from new investors Shell Ventures, Yamaha, CRED’s founder Kunal Shah; Spotify India’s CEO Amarjit Singh Batra, and Positive Moves Consulting. Existing investors Hero Group’s Pawan Munjal, Westbridge, Nexus Venture, and Everblue Management were also part of the round.