Bengaluru-headquartered bike taxi startup Rapido is raising INR 321 Cr or $43.4 Mn in Series C funding round led by existing investor Westbridge Capital, with participation from eight other investors.
Westbridge Capital invested $29.3 Mn, whereas Nexus Ventures has invested $6.9 Mn
Rapido has raised $121 Mn to date from the likes of BAce Fund, Konark TrustSabre and others
It has presence in 100+ Indian cities with its bike taxi service, with more than 15 Mn customers
