Rapido, a startup that provides bike taxi services across Tier 1 to Tier 3 cities in India, announced it has raised $52 million from new investors including Shell Ventures, Yamaha India, Cred founder Kunal Shah and Amarjit Singh Batra, chief executive officer of Spotify India and Positive Moves Consulting. Existing investors Pawan Munjal of Hero…
Bengaluru-based Bike taxi startup Rapido recently announced that it has launched inter-city logistics service for businesses to deliver products at consumers’ doorsteps. Named ‘Rapido Store’, the service can be availed by both offline and online businesses. The company has said that the service is currently operational in Bengaluru, and Vijayawada and it further plans to…