Chinese Shunwei Capital Joins $55M In India’s Bike-Hailing Unicorn Rapido

Indian bike-hailing start-up Rapido has raised US$55 million in a series B funding round from Chinese venture capital fund Shunwei Capital which is co-founded by Chinese electronics company Xiaomi’s co-founder Lei Jun. Investors also include India-focused UK private equity WestBridge Capital and venture capital firm Nexus Venture Partners. Proceeds from the round will be used […]

Chinese Shunwei Capital Joins $55M In India’s Bike-Hailing Unicorn Rapido comes originally from China Money Network. All Rights Reserved.

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