Back

Ashutosh Mishra

Chartered Accountant • 6m

𝗥𝗮𝗽𝗶𝗱𝗼 𝗘𝘆𝗲𝘀 𝗘𝗻𝘁𝗿𝘆 𝗜𝗻𝘁𝗼 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗤𝘂𝗶𝗰𝗸 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗦𝗽𝗮𝗰𝗲, 𝗘𝘅𝗽𝗹𝗼𝗿𝗶𝗻𝗴 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 𝘄𝗶𝘁𝗵 𝗭𝗲𝗽𝘁𝗼 - 𝗧𝗢𝗜 According to a report by TOI, Bengaluru-based Rapido has started discussions with quick commerce company Zepto. Currently, Rapido's B2B logistics operations are limited to food delivery, partnering with Swiggy and the government-run Open Network for Digital Commerce (ONDC). Earlier this month, Rapido joined the unicorn club, raising $200 million (INR 1,660 crore) in a Series E funding round led by WestBridge Capital, valuing the company at $1.1 billion. Existing investors, including Nexus Venture Partners, along with new investors Think Investments and Invus Opportunities, also participated in the round.

1 replies5 likes
Replies (1)

Download the medial app to read full posts, comements and news.