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Indian Uber rival Rapido raises $240M at $3B valuation | TechCrunch

Rapido raised $240 million at a $3 billion valuation to expand in fragmented mobility markets, strengthen its driver network, and invest in technology.

European startups

fromTNW | Business

1 week ago

Prosus targets $3.6bn from Just Eat in European food-delivery push

Prosus targets $3.6bn annual revenue from Just Eat Takeaway by improving efficiency and accelerating consolidation across Europe.

Venture

fromTechCrunch

6 months ago

Accel backs Uber rival Rapido as Prosus boosts stake | TechCrunch

Accel and Prosus bought TVS Motor’s entire Rapido stake for ₹2.88 billion, each paying about ₹1.44 billion, giving TVS a >152% return.

Startup companies

fromTechCrunch

7 months ago

Uber-rival Rapido doubles valuation to $2.3B following Swiggy stake sale | TechCrunch

Rapido's valuation rose to $2.3 billion after Swiggy sold its entire 12% stake to Prosus and WestBridge Capital.

fromSilicon Canals

10 months ago

Prosus launches AI House Amsterdam to help Europe become an 'AI maker, not an AI taker' - Silicon Canals

"With AI House Amsterdam, we are doing what Europe urgently needs: bringing together ambition, talent and capital to shape the future of AI," says Fabricio Bloisi, CEO of Prosus.

Artificial intelligence