Rapido
Founded Year
2015Stage
Series E - II | AliveTotal Raised
$428.77MValuation
$0000Last Raised
$28.8M | 2 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+79 points in the past 30 days
About Rapido
Rapido provides bike taxi services and focuses on intra-city travel. The company offers booking for affordable and insured bike rides, aiming to provide convenience and last-mile connectivity to its customers. Rapido also engages in business-to-business (B2B) delivery solutions and partnerships with drivers, expanding its service offerings beyond individual commuting. It was founded in 2015 and is based in Madhapur, India.
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Research containing Rapido
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Rapido in 2 CB Insights research briefs, most recently on Oct 3, 2024.
Oct 3, 2024 report
State of Venture Q3’24 Report
Expert Collections containing Rapido
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Rapido is included in 4 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
4,385 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,270 items
Smart Cities
2,139 items
Mobility-as-a-Service
615 items
Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.
Latest Rapido News
Mar 22, 2025
The Delhi High Court has instructed the central government to ensure taxi aggregators' apps are disabled-friendly. Rapido is to address 207 app issues within four months after an accessibility audit. The court will enforce compliance under the Rights of Persons with Disabilities Act. Devdiscourse News Desk | New Delhi | Updated: 22-03-2025 19:02 IST | Created: 22-03-2025 18:59 IST Image Credit: ANI SHARE The Delhi High Court has taken a firm stance to ensure that taxi aggregators develop disabled-friendly applications before their launch. On Wednesday, the court directed the central government to present a regulatory mechanism that ensures such compliance, giving the Union Ministry of Road Transport and Highways a four-week deadline to submit their affidavit. Rapido, a prominent bike-taxi aggregator, assured the court it would rectify 207 accessibility issues identified in its Android app within four months. This affirmation followed an accessibility audit that revealed the app was not conducive to users with disabilities, prompting legal action by disability rights activists Amar Jain and Dipto Ghosh Chaudhary. The petition raises a broader issue, claiming systemic non-accessibility among cab aggregators. The Ministry of Transport has been criticized for not enforcing digital accessibility mandates. This case underscores the critical importance of equal digital access and inclusivity in business practices, in alignment with the Rights of Persons with Disabilities Act. (With inputs from agencies.)
Rapido Frequently Asked Questions (FAQ)
When was Rapido founded?
Rapido was founded in 2015.
Where is Rapido's headquarters?
Rapido's headquarters is located at Sai Prithvi Arcade, Madhapur.
What is Rapido's latest funding round?
Rapido's latest funding round is Series E - II.
How much did Rapido raise?
Rapido raised a total of $428.77M.
Who are the investors of Rapido?
Investors of Rapido include Prosus, Nexus Venture Partners, WestBridge Capital, Invus Group, Think Investments and 31 more.
Who are Rapido's competitors?
Competitors of Rapido include Tembici, Bounce Infinity, MYBYK, Tilt, Baxi Fresh and 7 more.
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Compare Rapido to Competitors
ONN Bikes is a tech-driven mobility platform focused on providing affordable and sustainable bike rental services. The company offers a variety of two-wheelers for rent, including electric bikes and motorbikes, with flexible plans ranging from hourly to monthly subscriptions. ONN Bikes primarily serves individuals and businesses looking for short-term mobility solutions and last-mile delivery services. It was founded in 2015 and is based in Mumbai, India.
Bikxie offers last-mile connectivity to commuters. The company aims to ease the daily commute of college students and office goers by operating bike taxis.
Bounce Infinity is a provider of smart mobility solutions in the transportation sector. The company offers a keyless bike rental service that operates through an app, allowing users to access bikes using a one-time password (OTP) for a hassle-free commute experience. Bounce Infinity primarily serves individuals looking for convenient and reliable transportation options for their daily commute. Bounce Infinity was formerly known as Metro Bikes. It was founded in 2014 and is based in Gurgaon, India.
RentOnGo is an online marketplace for renting bikes, electronics and appliances. The company lists products provided on rent by vendors across categories such as furniture, appliances, adventure gear, fancy dress, wedding chairs and medical supplies.
Kleta focuses on improving urban mobility by offering a bike subscription service in the transportation sector. The company provides customers with their own bicycles, including anti-theft protection and unlimited maintenance and repairs, without the need for a long-term commitment or concerns about theft. Kleta primarily serves individuals seeking hassle-free urban transportation solutions. It was founded in 2020 and is based in Barcelona, Spain.
Buzzbike is a company that provides urban bike and eBike subscriptions within the transportation sector. The company offers a rental service for city bikes and electric bikes, which includes on-demand repairs, theft replacement, and rider support for a monthly fee. Buzzbike caters to individuals seeking cycling options. It was founded in 2016 and is based in London, England.
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