Swiggy led a $180m Series D funding round in Rapido.

Swiggy, a provider of food delivery platform, led a $180m Series D funding round in Rapido, an operator of a bike taxi booking platform, with participation from TVS Motor Company, Westbridge, Shell Ventures and Nexus Ventures. Rapido said the funds would be used to strengthen its technology, amplify and boost teams across diverse sets of capabilities, and increase overall supply to create an enhanced consumer experience across a larger audience base in metros, tier I, II and III cities.