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Rapido
company
About
Rapido is an online app and logistics provider that offers bike taxis to its users.
- 1001 - 5000
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- $180M
- Industries
- Information Services,Logistics,Mobile Apps,Taxi Service,Transportation
- Founded date
- Jan 1, 2015
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
Rapido is a platform where people can book a bike ride through a mobile app while traveling solo. The company's mission is to bring people traveling in a similar direction together, thereby reducing the number of vehicles on the road. This not only helps reduce traffic but also carbon footprints and air pollution. It further augments the concept of not owning everything by creating viable and accessible options to share.Rapido was founded in 2015 and is headquartered in Bengaluru, India.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
$232M ₹548.10M
Rapido has raised a total of
$232M ₹548.10M
in funding over 2 rounds. Their latest funding was raised on
Apr 15, 2022 from a Series D round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 15, 2022 | Series D | $180M | 1 |
Swiggy
|
— | Detail |
| Aug 16, 2021 | Series C | $52M | 1 | — | — | Detail |
| Jan 24, 2019 | Series A | ₹526.70M | 1 |
|
— | Detail |
| Nov 21, 2017 | Series Unknown | ₹21.40M | 1 |
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
3
4
Rapido is funded by 4 investors.
Swiggy
and India Technology Fund
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Swiggy
|
Yes | Series D |
|
|
Yes | Series A |
|
|
Yes | Series Unknown |
|
|
— | Series C |
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