Prosus In Talks To Invest $200 Mn In Rapido At $2.5 Bn Valuation: Report

Rapido is negotiating to raise this funding on an estimated valuation of $2.5-$2.7 Bn

Prosus might infuse this capital as a part of primary issue, secondary deal or a combination of both

In February, Rapido’s board approved the issuance of 47,743 Series E CCPS to Prosus, in exchange for INR 250 Cr

Global investor Prosus is reportedly in talks to invest an additional $200 Mn (about INR 1,752 Cr) in ride-hailing unicorn Rapido.

A Moneycontrol report, citing sources,…