Accel backs Uber rival Rapido as Prosus boosts stake

Nov 7, 2025 - 09:00
Accel backs Uber rival Rapido as Prosus boosts stake
TVS Motor booked a 152% return as it sold its Rapido stake to Accel and Prosus. Founded in 2015, Rapido has grown into a major player in India's ride-hailing market, competing with Uber, Ola, and inDrive.
Princess Xylene Gomez - News Moderator International News Moderator and Correspondent