Developing
Business·3d agoAI summary
Angel Investors Offload Rapido Shares Worth Rs 100 Crore Amidst Larger Funding Round
Angel investors are selling Rapido shares valued at Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, has fully exited its stake. The deal aims for a $3 billion valuation, but some investors are pushing back on the pricing.
E
Economic Times