Question

    Rapido has recently joined the unicorn club as the

    ______ Indian startup this year after securing $120 million in its latest funding round.
    A 2nd Correct Answer Incorrect Answer
    B 3rd Correct Answer Incorrect Answer
    C 4th Correct Answer Incorrect Answer
    D 5th Correct Answer Incorrect Answer

    Solution

    Rapido, a ride-hailing startup, achieved unicorn status after raising $120 million in a Series E funding round, becoming the third Indian startup to reach a valuation of over $1 billion this year. This marks a significant achievement in the competitive startup ecosystem, showcasing investor confidence in Rapido's business model and growth potential.

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