Bike taxi service provider Rapido has surpassed $130m of overall funding through a series C round featuring corporate investors Shell Ventures, Yamaha and Positive Moves Consulting.
India-based bike taxi service provider Rapido has secured $52m in a series C round backed by automotive manufacturer Yamaha, oil and gas producer Shell and human resources consulting firm Positive Moves Consulting, TechCrunch has reported.
The round also featured investment firm Westbridge Capital, venture capital firm Nexus Venture Partners, family office Everblue Management, as well as individual investors Kunal Shah, Amarjit Singh Batra and Pawan Munjal. Shell was represented in the round by its corporate venturing unit, Shell Ventures.
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