rapido

News and Trends

Playbook Partners Raises USD 130 Mn in First Close, Eyes USD 250 Mn Target

The funds have been raised through established global investors from Europe, the US, the Middle East, and India. With the green shoe option in play, Playbook Partners aims to increase the fund to USD 250 million.

News and Trends

Rapido Hits Unicorn Status with USD 1.1 Bn Valuation After USD 200 Mn Series E Funding

The newly raised capital will be utilised to fuel Rapido's expansion across India and further enhance its technological platform, which is aimed at improving service delivery and user experience.

News and Trends

The Best Startup Funding This Week: July 27–Aug 2

Here is a list of the startups that have raised the most money this week, from July 27 to Aug 2.

News and Trends

Rapido Achieves Unicorn Status with USD 120 Mn Series E Round Led by WestBridge Capital

Rapido is the third company to join the unicorn club this year, following fintech Perfios and AI startup Krutrim.

Technology

This 30-Year-Old Introduced The Original Bike Taxi Segment In India

Founded by Aravind Sanka along with his co-founders Pavan Guntunpalli and Rishikesh SR, Rapido now enjoys a customer base of 10 million users with a presence in 100 cities

Entrepreneurs

This Bike Taxi Start-up Aims To Make Transportation Accessible to Next 200 million Users This Year

Bengaluru-based bike taxi provider, Rapido is working towards making commuting easier and affordable by allowing users to book a two-wheeler ride through its mobile app

News and Trends

Bengaluru-based Taxi Start-up Rapido Raises US$55 million in Series C round of funding led by WestBridge Capital & Others

Rapido Raises US$55 million in Series C round of funding led by WestBridge Capital & Others