Technology TechCrunch 95d ago

Accel backs Uber rival Rapido as Prosus boosts stake

Market Intelligence Analysis

AI-Powered
Why This Matters

Accel Partners has invested in Rapido, an Uber rival, with Prosus boosting its stake, resulting in a significant return for TVS Motor, which sold its stake in Rapido.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

TVS Motor booked a 152% return as it sold its Rapido stake to Accel and Prosus.

Continue Reading
Full article on TechCrunch
Read Full Article

Related Articles

Technology 1h ago

Waymo is testing driverless robotaxis in Nashville

Waymo is testing driverless robotaxis in Nashville, a key step towards launching a commercial service, …
Technology 2h ago

MrBeast’s company buys Gen Z-focused fintech app Step

MrBeast's company, Beast Industries, has acquired Step, a fintech app focused on Gen Z users, …
Technology 3h ago

Lidar-maker Ouster buys vision company StereoLabs as sensor consolidation continues

Ouster, a lidar-maker, has acquired StereoLabs, a vision company, for $35 million in cash and …
Technology 2h ago

Bluesky finally adds Drafts

Bluesky has added the 'Drafts' feature, a functionality already available on its competitors X and …
Technology 5h ago

So, what’s going on with Musicboard?

Musicboard, a music streaming platform, has sparked concerns about its potential shutdown, but the company …
Technology 5h ago

Harvey reportedly raising at $11B valuation just months after it hit $8B

Harvey, a company, is reportedly raising funds at a $11B valuation, a significant increase from …
Original article published by TechCrunch on November 7, 2025.
Analysis and insights provided by AnalystMarkets AI.