Rapido (Bike taxi App)
2015
FOUNDED
PRIVATE
STATUS
11-20
EMPLOYEES
Early Stage VC
LATEST DEAL TYPE
(Upcoming)
$75M
LATEST DEAL AMOUNT
23
INVESTORS
Description
Operator of a bike taxi booking platform designed to encourage people to offer bike rides to other people. The company's platform helps to book a bike ride with just two taps with helmets and shower caps to make the experience smoother and hygienic and economical and transparent fares, enabling users to experience affordable and fun commute option in the city.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Information Services (B2C)
Application Software
Primary Office
- Number 1147, 22nd C Main Road
- 11th Cross Sector 1, Hosur Sarjapur Road Layout
- Bangalore, Karnataka 560102
- India
+91 080503 00000
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Rapido (Bike taxi App) Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Early Stage VC | $75M | Upcoming | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 27-Aug-2019 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
| 4. Early Stage VC (Series A) | 18-Jul-2019 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 3. Early Stage VC | 21-Nov-2017 | 00000 | 00000 | Completed | Generating Revenue | |
| 2. Seed Round | 19-Apr-2016 | $236K | Completed | Generating Revenue | ||
| 1. Seed Round | 28-May-2015 | $236K | $236K | Completed | Generating Revenue |
Rapido (Bike taxi App) Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000000 | 20-Aug-2019 | 000000000000000000 | Information Services (B2C) | ||
| Getbike | 23-May-2018 | Merger/Acquisition | Application Software | 0000000 00000 |
Rapido (Bike taxi App) Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Motomatix | Information Services (B2C) | Mumbai, India | 2015 |
| 0000000 | Application Software | Hyderabad, India | 0000 |
Rapido (Bike taxi App) Investors (23)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| BAce Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| BACE Capital Partners | PE/Buyout | Minority | 000 0000 | 000000 0 | ||
| Shunwei Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| WestBridge Capital | PE/Buyout | Minority | 000 0000 | 000000 0 | ||
| Integrated Capital (Honk Kong) | PE/Buyout | Minority | 000 0000 | 000000 0 |
Rapido (Bike taxi App) Executive Team (3)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Aravind Sanka | Co-Founder | ||
| Pavan Guntupalli | Co-Founder | ||
| Rishikesh Ramanath | Co-Founder |