Rapido
India's largest bike-taxi platform, expanding into auto rickshaws, cabs, and parcel delivery.
Transportation
📍 Bengaluru, India
Founded 2015
Current Valuation
$3.0B
as of 2025-Q3
UNICORN
Rapido is India's largest bike-taxi platform, processing millions of daily rides across 100+ cities. Hit unicorn status in July 2024 at $1B with a $120M WestBridge-led Series E and reached $3B in 2025 after a Prosus-led $240M Series F. Expanding from bikes into auto rickshaws, four-wheeler cabs, and parcel delivery to challenge Ola and Uber in India.
Company Profile
Last Round
Series F — $240M (Sep 2025) · Lead: Prosus
Founders & Key People
Aravind SankaPavan GuntupalliRishikesh SR
Investors
Prosus · WestBridge Capital · Nexus Venture Partners · Swiggy · Shell Ventures · TVS Motor
Products
- Bike Taxi
- Auto Rickshaw
- Rapido Cabs
- Rapido Local (parcel delivery)
Competitors
Ola · Uber · BluSmart · Namma Yatri
on demandride-hailingtransportationindia
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.