Indian bike taxi startup Rapido raised $200M at a $1.1B valuation led by WestBridge and plans to expand its newly launched cab-hailing service (The Economic Times)

The Financial Occasions:
Indian bike taxi startup Rapido raised $200M at a $1.1B valuation led by WestBridge and plans to broaden its newly launched cab-hailing service  —  Rapido rolls into unicorn membership with $200 million increase at $1.1 billion valuation  —  Aravind Sanka, the corporate’s CEO, informed ET that the funds …