Rapido is an India-focused ride-hailing platform connecting urban commuters with independent driver-partners ("Captains") for bike taxi, auto-rickshaw, and cab services across 150+ cities. Operating under Roppen Transportation Services Private Limited and founded in 2015, it also offers goods delivery via "Rapido Parcel" and has completed over 100 million rides, making it one of India's largest bike taxi and auto fleets.
“Rapido raised a $240 million round at a $3 billion valuation... The financing was part of a larger $730 million primary and secondary transaction.”
Source→“Rapido raised a $240 million round at a $3 billion valuation... The financing was part of a larger $730 million primary and secondary transaction.”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.