India, Aug. 28 -- Global investor Prosus is reportedly in talks to invest an additional $200 Mn (about INR 1,752 Cr) in ride-hailing unicorn Rapido.

A Moneycontrol report, citing sources, said that negotiations are ongoing currently for the round which would value Rapido at about $2.5 Bn to $2.7 Bn, more than double than its last valuation of $1.1 Bn.

The fund infusion can be via a fresh issue or secondary deal. The size of the round may increase if Prosus decides to go with a combination of primary capital and secondary deal, the report added.

While Prosus declined to comment on "market rumours", a questionnaire sent to Rapido didn't elicit any response till the time of publishing this story.

This comes over 6 months after Inc42 repo...