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Swiggy is building a number of new verticals in the neighbourhood convenience market and Rapido's fleet network, spread across the country, will be a massive asset to this approach.
Bike taxi platform Rapido on Friday said it has raised $180 million (over Rs 1,370 crore) in a Series D round of funding led by new investor Swiggy
Swiggy's participation will provide additional earnings for both the food delivery giant's delivery executives and Rapido's captains, the company stated.
Swiggy has led a $180 million financing round into bike taxi startup Rapido as the Indian food delivery giant...
Bike taxi startup Rapido has raised $180 million in its latest Series D round of funding led by Swiggy