Rapido Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
4,156
- Latest Deal Type
-
Series E
- (In Progress)
- Latest Deal Amount
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$30M
- Investors
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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.bikeCorporate Office
- 3rd Floor, Sai Prithvi Arcade, Megha Hills
- Sri Rama Colony, Madhapur
- Hyderabad, Telangana 500081
- India
Corporate Office
- 3rd Floor, Sai Prithvi Arcade, Megha Hills
- Sri Rama Colony, Madhapur
- Hyderabad, Telangana 500081
- India
Rapido Timeline
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 |
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% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Rapido Comparisons
Industry
Financing
Details
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 |
Rapido Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
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 |
Rapido Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
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 |
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 |
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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