TVS Motor Company, a manufacturer of two-wheelers and three-wheelers globally, announced a strategic partnership with Rapido, an on-demand delivery and mobility platform by signing a Memorandum of Understanding (MoU). As part of the MoU, TVS Motor and Rapido will look to collaborate by leveraging synergies of their respective businesses in the fast-moving mobility market in…
Tag: Aravind Sanka
Rapido raises $180 mn from Swiggy, TVS Motor, others
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•Rapido, a bike-taxi aggregator, announced it has raised about $180 million in Series D funding round from Swiggy. WestBridge, TVS Motor, Nexus Ventures and Shell Ventures also participated in the funding round. The startup will utilise the funds to bolster its technology and strengthen its teams across diverse sets of capabilities, increase overall supply to…