Shunwei, Westbridge in talks to lead $50m funding in India's Rapido

Shunwei, Westbridge in talks to lead $50m funding in India's Rapido

Photo: Rapido blog

Bike taxi startup Rapido is in advanced discussions to close a $50 million round led by domestic investment firm Westbridge Capital and China’s Shunwei Capital, said two people aware of the matter, requesting anonymity.