Rapido Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 4,156

Employees

  • Latest Deal Type
  • Series E
  • (In Progress)

  • Latest Deal Amount
  • $30M

  • Investors
  • 50

Rapido General Information

Description

Developer of a bike taxi booking platform designed to make intra-city travel and last-mile connectivity economical for all. The company's platform offers application-based ride services for two- and four-wheelers, featuring transparent fares to improve the way people commute, providing users with economically priced rides and a convenient option for commuting.

Contact Information

Website
www.rapido.bike
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 3rd Floor, Sai Prithvi Arcade, Megha Hills
  • Sri Rama Colony, Madhapur
  • Hyderabad, Telangana 500081
  • India
Primary Industry
Automotive
Other Industries
Application Software
Corporate Office
  • 3rd Floor, Sai Prithvi Arcade, Megha Hills
  • Sri Rama Colony, Madhapur
  • Hyderabad, Telangana 500081
  • India

Rapido Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Rapido Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC (Series E) 11-Feb-2025 $30M In Progress Generating Revenue
9. Later Stage VC (Series E) 05-Sep-2024 Completed Generating Revenue
8. Later Stage VC (Series D) 14-Apr-2022 Completed Generating Revenue
7. Later Stage VC (Series C) 16-Aug-2021 Completed Generating Revenue
6. Early Stage VC (Series B) 30-Aug-2019 Completed Generating Revenue
5. Early Stage VC (Series A3) 01-Apr-2019 Completed Generating Revenue
4. Early Stage VC (Series A2) 01-Jul-2018 Completed Generating Revenue
3. Early Stage VC (Series A1) 01-Mar-2017 Completed Generating Revenue
2. Early Stage VC 19-Apr-2016 $1M $1.18M Completed Generating Revenue
1. Seed Round 01-Apr-2015 $180K $180K Completed Generating Revenue
To view Rapido’s complete valuation and funding history, request access »

Rapido Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series E CCPS
Series E1 CCPS
Ordinary Shares
Preferance Shares
Ordinary Shares
Series D CCPS
Series C CCCP
Ordinary Shares
CCCP Shares 193,067 $10.000000 $16645.01 $16645.01 1x $16645.01 19.8%
Ordinary Shares 11 $10.000000 $137692 $137692 1x $137692 0%
To view Rapido’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Rapido Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a bike taxi booking platform designed to make intra-city travel and last-mile connectivity economical for a
Automotive
Hyderabad, India
4,156 As of 2025

Bengaluru, India
 

San Francisco, CA
 
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Rapido Competitors (3)

One of Rapido’s 3 competitors is Ola (Automotive), a Venture Capital-Backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ola (Automotive) Venture Capital-Backed Bengaluru, India
Uber Formerly VC-backed San Francisco, CA
Eternal (Gurugram) Formerly VC-backed Gurugram, India
You’re viewing 3 of 3 competitors. Get the full list »

Rapido Patents

Rapido Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250170933-A1 Seat for vehicle and vehicle comprising such a seat Pending 29-Nov-2023
FR-3155758-A1 Vehicle seat and vehicle comprising such a seat Pending 29-Nov-2023
EP-4563408-A1 Seat for a vehicle and vehicle comprising such a seat Pending 29-Nov-2023
FR-3112109-B1 Modular overhead bed for fitted van Active 06-Jul-2020
EP-3936383-A1 Modular ceiling bed for camper van Active 06-Jul-2020 B60P3/39
To view Rapido’s complete patent history, request access »

Rapido Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Rapido Investors (50)

Investor Name Investor Type Holding Investor Since Participating Rounds
Impact Planet Ventures Impact Investing Minority
Invus Opportunities Venture Capital Minority
Khazanah Nasional Sovereign Wealth Fund Minority
Angel (individual) Minority
Think Investments Family Office Minority
You’re viewing 5 of 50 investors. Get the full list »

Rapido Investments & Acquisitions (3)

Rapido’s most recent deal was a Later Stage VC with Futures Platform for . The deal was made on 31-Dec-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Futures Platform 31-Dec-2021 Later Stage VC Business/Productivity Software
Vahanalytics 27-May-2019 Merger/Acquisition Media and Information Services (B2B)
Getbike 23-May-2018 Merger/Acquisition Automotive
To view Rapido’s complete investments and acquisitions history, request access »

Rapido Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Vahanalytics Mumbai, India 2015

Rapido FAQs

  • When was Rapido founded?

    Rapido was founded in 2015.

  • Where is Rapido headquartered?

    Rapido is headquartered in Hyderabad, India.

  • What is the size of Rapido?

    Rapido has 4,156 total employees.

  • What industry is Rapido in?

    Rapido’s primary industry is Automotive.

  • Is Rapido a private or public company?

    Rapido is a Private company.

  • What is Rapido’s current revenue?

    The current revenue for Rapido is .

  • How much funding has Rapido raised over time?

    Rapido has raised $542M.

  • Who are Rapido’s investors?

    Impact Planet Ventures, Invus Opportunities, Khazanah Nasional, , and Think Investments are 5 of 50 investors who have invested in Rapido.

  • Who are Rapido’s competitors?

    Ola (Automotive), Uber, and Eternal (Gurugram) are competitors of Rapido.

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