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Event Brief

Rapido raises $240M at $3B valuation

Indian ride-hailing rival Rapido raised $240M and valued the company at $3B.
WHO: Rapido
WHAT: Raised $240M at a $3B valuation
WHEN: May 15, 2026 at 7:24 AM ET
WHERE: India
WHY: The company raised funding to support its growth.

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