Rapido Stock
Bike Taxi Service
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About Rapido Stock
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.
Investors
Skycatcher
BAce Capital
WestBridge Capital
Integrated Capital
Nexus Ventures
Delhivery, Snapdeal, Goodera, Rapido, ShopClues.com, Druva, Postman, Clover Health, H2O.ai, d.light design
Funding History
May 2015 | $22K |
---|---|
September 2017 | $27.5M |
November 2017 | $21.4M |
March 2018 | $4.0M |
January 2019 | $527M |
April 2019 | $11.2M |
August 2019 | $55.0M |
Management
Co-Founder
Aravind Sanka
Co-Founder
Pavan Guntupalli
Press
inc42 - Apr, 6 2024
Rapido Eyes $100 Mn Funding From Existing Backer WestBridge Capital, Othersindianexpress - Mar, 12 2024
There is enough for everyone, autorickshaws need not monopolise Bengaluru’s mobility space: Rapidobwdisrupt - Feb, 24 2024
Rapido Rolls Out Zero Per-Ride Commission For Auto Driversbusiness-standard - Feb, 13 2024
After cabs, Rapido extends SaaS-based zero-commission model to auto driversyourstory - Feb, 13 2024
Rapido introduces SaaS model for auto driver partners as it changes commission model