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 riseNext: India’s next manufacturing push: Why the government is identifying 100 products to cut import dependence Related Stories BUSINESS UK backs India’s security concerns, says trade deal based on trust Sumitra July 16, 2026 BUSINESS India exports $140 million worth of goods to UK at zero duty on Day 1 of trade pact implementation Sumitra July 16, 2026 BUSINESS US eases Russia sanctions bill, cuts tariff threat on India and China from 500% to 100% Sumitra July 15, 2026