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Indian Uber rival Rapido raises 0M at B valuation

Indian Uber rival Rapido raises $240M at $3B valuation

Indian ride-hailing company Rapido said on Friday it had raised $240 million in fresh funding at a $3 billion valuation to compete better in the country’s growing but challenging mobility market. Led by Prosus, the equity round saw participation from existing...

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India hikes fuel prices as Iran crisis bites

The world’s third-largest oil importer announced increased fuel prices and austerity measures due to the energy crisis.By Reuters and The Associated PressPublished On 15 May 202615 May 2026India has raised fuel prices by about 3 percent as the energy crisis driven by...

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