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Rapido Raises $240 Million, Hits $3 Billion Valuation as It Accelerates Expansion Beyond Major Cities
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Fri, 15 May 26Fri, 15 May 26BUSINESS, INDIA

Rapido Raises $240 Million, Hits $3 Billion Valuation as It Accelerates Expansion Beyond Major Cities

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Ride-hailing and urban mobility platform Rapido has secured $240 million in a fresh funding round, marking a significant milestone in its rapid growth journey and pushing its valuation to $3 billion. The latest investment underscores strong investor confidence in the company’s expanding role in India’s increasingly competitive mobility and logistics sector. The funding round was...

Fuel Prices Hiked by ₹3 per Litre Across India Days After Government’s Fuel-Saving Appeal Sparks Debate
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Fri, 15 May 26Fri, 15 May 26BREAKING NEWS, INDIA

Fuel Prices Hiked by ₹3 per Litre Across India Days After Government’s Fuel-Saving Appeal Sparks Debate

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In a significant development impacting millions of consumers across the country, petrol and diesel prices have been increased by ₹3 per litre, marking a fresh rise in fuel costs just days after the government urged citizens to reduce fuel consumption and adopt austerity measures. The revised prices, implemented by state-run oil marketing companies, took effect...