Topic: secondary sales

Accel Invests in Uber Rival Rapido as Prosus Increases Stake

Venture capital firm Accel has made a strategic investment in Indian ride-hailing service Rapido, with Prosus increasing its stake, facilitated by TVS Motor's full divestment of its shares for approximately $32 million. TVS Motor achieved a return on investment exceeding 152% over three years, ha...