Bike-taxi app Rapido raises pre-Series A funding
Bike-taxi app Rapido has raised an undisclosed amount of funding in pre-Series A round led by Pawan Munjal, Hero MotoCorp Chairman, MD and CEO. Ankit Nagori, former Flipkart Chief Business Officer, Rajan Anandan, MD Google India and South East Asia and others also participated. Founded in 2015, Rapido lets users book bikes for commuting in Bengaluru, Gurgaon and Delhi.