New Delhi, May 15 -- Roppen Transportation Services Private Limited, which operates mobility platform Rapido, has raised USD 240 million in fresh capital in a funding round led by Prosus, with participation from WestBridge Capital, Accel and other investors. Funding Round Values Rapido At USD 3 Billion The latest funding is part of a broader USD 730 million primary and secondary financing round and values Rapido at USD 3 billion on a post-money basis. The company said the investment will be used to expand demand, deepen its presence in existing and new markets, grow its captain network and strengthen technology infrastructure. Tier-II Cities Drive Next Phase Of Growth Rapido said rising demand in Tier-II and smaller cities is driving its ...