Rapido Recent News & Articles

General News

Dec 5, 2023 Rapido launches cab service; set to take on Ola, Uber with SaaS play

Dec 5, 2023 Rapido launches cab service; set to take on Ola, Uber with SaaS play

Aug 18, 2023 Rapido to install passanger seat belts, rain curtains in autos in Delhi-NCR

Aug 11, 2023 Rapido treats auto drivers in Chennai to an exclusive ‘Jailer’ movie screening

Jun 12, 2023 Setback for Uber, Rapido and Ola bike taxis as SC revives ban in Delhi

May 26, 2023 Delhi HC allows bike taxi apps Rapido, Ola, Uber to restore ops in state

Apr 14, 2023 Rapido backer AdvantEdge Founders to float third VC fund for mobility bets

Feb 20, 2023 Delhi govt bans Rapido, Ola and Uber bike taxis

Jan 14, 2023 Rapido suspends all its services in Maharashtra till January 20; failed to produce license in court

Jan 14, 2023 Rapido to suspend all services in Maharashtra

Funding News

Apr 16, 2022 Swiggy leads $180 million funding round in Rapido, bike taxi startup valued at $830 million

Apr 15, 2022 ETtech Deals Digest: Rapido, Medikabazaar, Itilite raise funds

Apr 15, 2022 Rapido raises $175 Mn led by Swiggy at valuation of $800 Mn

Dec 22, 2021 Exclusive: Swiggy set to lead $200 Mn round in Rapido

Aug 17, 2021 Rapido raises $52 million led by WestBridge, Yamaha joins as new investor

Apr 26, 2021 Exclusive: Rapido all set to raise $50 Mn in fresh round

Jun 12, 2019 Rapido in final stages of closing $50m round

Jan 25, 2019 Hong Kong investment firm leads Rapidos Series A funding round

Apr 20, 2016 Pawan Munjal, Rajan Anandan invest in bike taxi operator Rapido

Financial News

Jan 13, 2024 Rapido posts Rs 443 Cr revenue in FY23; losses surge 54%

Jan 24, 2023 Rapido spends nearly Rs 600 Cr to earn Rs 145 Cr in FY22

Jan 22, 2021 Rapido posts 10X topline growth; spent Rs 350 Cr in FY20