Key Metrics
- No. of Employees3428
- Founded Year 2015
- Company StagePrivate Limited Company
- Total Funding₹4,265.01 Cr
- Industry
- Headquarter
- Company StatusActive
About Rapido
Rapido is a prominent player in India’s mobility sector, known primarily for its bike taxi services. The company has expanded its offerings to include app-based auto rickshaws and delivery solutions. Positioned as a technology-driven transportation platform, Rapido aims to improve urban mobility by providing accessible and affordable commuting options. Alongside its business objectives, the company emphasizes fostering a workplace culture that values inclusivity, engagement, and adaptability.
Business Model
Rapido is a bike taxi startup, which allows customers to book a bike ride through its mobile app. Their has also expanded into allowing customers to book autos. Moreover, their fleet also doubles up as delivery workers.
Top Competitors
UI
Uber India U74120MH2013FTC247008
IN
IndriveU72900DL2021FTC377897
OL
OlaU72900KA2010PTC086596
Rapido Funding Details
Funding Highlights
Latest Funding RoundSeries E
Total Funding Raised₹4,265.01 Cr
No. of Investments Made0
Total No. of Acquisitions2
Lead Investors3
Investors
- Westbridge Capital, Swiggy, Nexus Venture Partners
Funding Details
Funding History
Funding Per Year
Acquisition Company Done
Rapido Financial Details
Financial Highlights
FY 2023-24 Revenue₹695.26 Cr
FY 2023-24 Expenses₹1,065.98 Cr
FY 2023-24 Profit/Loss-₹370.72 Cr
Net Cash Flow From Operations-₹360.8 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Rapido Key People
People Metrics
Current Core Team3
Board Members/Directors3
Rapido Documents