{"id":852726,"date":"2024-09-06T10:39:46","date_gmt":"2024-09-06T05:09:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=852726"},"modified":"2024-09-06T10:40:09","modified_gmt":"2024-09-06T05:10:09","slug":"rapido-raises-200-million-in-funding-now-valued-as-unicorn","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/06\/rapido-raises-200-million-in-funding-now-valued-as-unicorn\/","title":{"rendered":"Rapido raises $200 million in funding, now valued as unicorn"},"content":{"rendered":"<p>NEW DELHI: Rapido, a mobility startup has raised $200 million in its Series E funding round led by WestBridge Capital, a prominent investment firm focused on investments in India. <\/p>\n<p>This latest investment elevates Rapido\u2019s post-money valuation to $1.1 billion. <\/p>\n<p>Rapido, which competes with Uber and Ola, said that the newly raised funds will be strategically allocated to expanding the company&#8217;s operation across India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Rapido, a mobility startup has raised $200 million in its Series E funding round led by WestBridge Capital, a prominent investment firm focused on investments in India. This latest investment elevates Rapido\u2019s post-money valuation to $1.1 billion. Rapido, which competes with Uber and Ola, said that the newly raised funds will be strategically allocated to expanding the company&#8217;s operation across India.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-852726","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=852726"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/852726\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=852726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=852726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=852726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}