US-based Accel Leaders Fund may join Rapido’s $600 million round: Sources

Along with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary components. Prosus and Accel India have also picked up stake in Rapido from food and grocery delivery firm Swiggy, which owned 12% of the bike taxi startup. Rapido’s existing backer WestBridge Capital is also investing in this round.