小蓝视频色情网页版

Bike taxi startup has reportedly raised $180 million in a new round of funding led by聽 , another India-based startup-delivery company.

The new round of funding brings Rapido鈥檚 valuation to more than $800 millionRapido, which was founded in 2015, last raised money with a Series C round in August 2021.聽

Rapido鈥檚 platform lets users book bike rides to avoid heavy traffic. The company is based in Bangalore, India, and backed by investors including and

VC-backed companies based in India have raised nearly $13 billion so far this year, per 小蓝视频色情网页版 data.

The investment from Swiggy makes sense, given the company is in the delivery and logistics space. Swiggy is India鈥檚 second-largest unicorn, per The 小蓝视频色情网页版 Unicorn Board, with a valuation of $5 billion.聽

Swiggy started investing in other Indian startups about three years ago, such as , but this is its first investment in Rapido.

Rapido has raised more than $309 million as a private company. Other investors in the Series D round include , Westbridge, and Nexus Ventures, according to TechCrunch.

Illustration: Li-Anne Dias