Rapido
Company

Last deal

$119.4M
Local Amount - INR 10B

Amount

Series E

Stage

29.07.2024

Date

11

all rounds

$423.6M

Total amount

General

About Company
Rapido is a platform that allows users to book bike rides through a mobile app while traveling solo.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Rapido, Rapido Captain, Rapido Bike Taxi

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Series E

IPO status

Private

Description

Founded in 2015 and headquartered in Bengaluru, India, Rapido aims to reduce traffic, carbon footprints, and air pollution by connecting people traveling in the same direction. Riders can offer empty seats in their bikes, and the system matches them with riders who want to travel in a similar direction. With the app available on both Android and iOS, Rapido provides an economic and convenient solution for commuting, particularly in areas with heavy traffic.
Contacts