Daily Indian Funding Roundup & Key News - 15 May 2026: Rapido Raises $240 Mn At $3 Bn Valuation, Legend Of Toys Bags ₹21 Cr, Flipkart Defers IPO To 2028
India's startup ecosystem saw meaningful action on 15 May 2026, with mobility, consumer brands, and electric vehicles drawing fresh capital. Three funding rounds were announced today, led by Rapido's $240 million primary infusion from Prosus at a $3 billion valuation. On the news front, Walmart-owned Flipkart