BUSINESS Rapido valued at $3 billion with fresh $240 million funding Sumitra May 16, 2026 Investment part of broader $730 million round; valuation up 30% since last secondary transaction. Continue Reading Previous: IMF warns Iran war disruptions are pushing global economy towards ‘adverse’ scenario; growth risks rise Related Stories BUSINESS Govt imposes Rs 3/litre windfall tax on petrol exports, cuts diesel and ATF export levies Sumitra May 16, 2026 BUSINESS IMF warns Iran war disruptions are pushing global economy towards ‘adverse’ scenario; growth risks rise Sumitra May 15, 2026 BUSINESS Piyush Goyal seeks stronger India-Africa trade integration through aligned standards Sumitra May 15, 2026