Rapido, an Indian online bike taxi service provider, has bagged approximately 400 crore rupees ($56 million) in a new investment round.
WestBridge Capital conducted the round, which also saw participation from new investors including Alibaba's BAce Capital and Shunwei Capital, as well as existing backer Nexus.
In January, the startup had received $10 million in an investment round led by Nexus and Integrated Capital.
Rapido, with about $2 million in revenue annually, has so far secured a total of $78.4 million in more than nine funding rounds.