Rapido's $240M at $3B: Prosus Doubles Down on India's Mobility Leader
India's Rapido raised $240M at a $3B valuation in May 2026, led by Prosus, as part of a $730M financing to defend its lead in two-wheeler mobility against Uber.
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India's Rapido raised $240M at a $3B valuation in May 2026, led by Prosus, as part of a $730M financing to defend its lead in two-wheeler mobility against Uber.
Gaingels, the LGBTQ+/allies venture syndicate, crossed $1B deployed across 2,600+ rounds and won the NVCA 2026 Inclusion Impact Award.
Bengaluru's Sarvam AI reached a $1.5B valuation in 2026 with a ~$350M round backed by HCLTech, Nvidia, and Amazon — India's flagship sovereign-AI bet.
Anduril raised $5B at a $61B valuation in May 2026, led by Thrive Capital and a16z — more than doubling its mark in a year and cementing defense tech as a core venture category.
Cantos backed Heaviside Industries’ $28M Series A for defense manufacturing and energetics, extending the firm’s hard-tech and defense track record.
Cowboy Ventures joined Basata’s $21M Series A to automate healthcare operations, part of a busy 2026 that also included leading Petual’s seed round.