Post on Medial

Ashutosh Mishra

Stealthย โ€ขย 2m

๐—ฅ๐—ฎ๐—ฝ๐—ถ๐—ฑ๐—ผ ๐—˜๐˜†๐—ฒ๐˜€ ๐—˜๐—ป๐˜๐—ฟ๐˜† ๐—œ๐—ป๐˜๐—ผ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ'๐˜€ ๐—ค๐˜‚๐—ถ๐—ฐ๐—ธ ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ฒ ๐—ฆ๐—ฝ๐—ฎ๐—ฐ๐—ฒ, ๐—˜๐˜…๐—ฝ๐—น๐—ผ๐—ฟ๐—ถ๐—ป๐—ด ๐—ฃ๐—ฎ๐—ฟ๐˜๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐—ญ๐—ฒ๐—ฝ๐˜๐—ผ - ๐—ง๐—ข๐—œ 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)

More like this

Recommendations from Medial

Image Description
Image Description

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 2m

Top News of the Week: 1. Ride-hailing company Rapido is reportedly planning to enter the quick commerce sector in India. 2. Venttup raises seed funding from Unicorn India Venture 3. US Lenders Counter Debt Claim, Say The Edtech Must Repay Full $1.

See More
5 replies33 likes
1

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 2m

Top News of the Day: 1. RecommerceX raises $3.6 million in round led by Accel, Kae Capital 2. Coworking Space Provider IndiQube In Talks With Bankers For INR 1,500 Cr IPO 3. Rapido rolls into unicorn club with $200 million raise at $1.1 billion va

See More
0 replies24 likes
2

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 29d

Top News of the Day: 1. Bangalore-based insurtech startup Acko General Insurance is closing a $100-120 million secondary deal in which early backers, including Catamaran Ventures and Ashish Dhawan, will sell their stakes. 2. Taiwan Semiconductor Ma

See More
0 replies37 likes
5
Image Description
Image Description

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 3m

Top News of the Week: 1. Funding: - On a weekly basis, startup funding surged 200% to $341.04 million as compared to around $113.39 million raised during the previous week - During the week, equivalent to 32 Indian startups raised around $341 mil

See More
5 replies40 likes
2
Image Description

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 2m

Top News of the Week: 1. Funding: - During the week, 26 Indian startups raised around $421.29 million in funding. These deals count 4 growth-stage deals and 16 early-stage deals while 6 startups kept their transaction details undisclosed. - On a w

See More
2 replies37 likes
5

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