Rapido Raises $177.5 Million Funding From Swiggy, TVS Motors, Others
Rapido, a Bengaluru-based bike taxi startup, has raised around $177.5 Million in a funding round led by food tech giant Swiggy. New investor TVS Motors and existing investors WestBridge Capital, Nexus Ventures, and Shell Ventures also participated in the funding round. First reported by Inc42, Swiggy infused $124.6 Million in […]
Bike Taxi Startup Rapido Raises $43 Mn In Series C Funding
Rapido, a Bengaluru-headquartered bike taxi startup, has raised Rs 321 Cr or $43.4 Mn in a Series C funding round led by existing investor Westbridge Capital. First reported by Inc 42, the funding round also saw participation from firms including Nexus Ventures, Everblue Bangladesh LLC, Motherson Lease Solutions, MMPL Trust, […]
Indian Online Bike Taxi Aggregator ‘Rapido’ Launches Mumbai Operations
Indian online bike taxi aggregator Rapido has announced the launch of its bike-taxi service in Mumbai. Rapido plans to onboard two lakh bike drivers in the next two years as it expands operations further. As per the startup, it started its geographical expansion about 18 months ago and has reached […]
Rapido Launches Auto-Rickshaw Booking Service, Targets Expansion To 50 Cities
Ride-hailing app Rapido launched auto-rickshaw booking service, Rapido Auto, across 14 cities with plans to expand the ‘Rapido Auto’ service to 50 cities by the end of the year. Rapido also plans to onboard around five lakh driver-partners in the next six months. Talkin about the ways of commuting post-COVID-19, […]
Rapido Launches Rapido Store, A One-Stop Solution For Business Deliveries
Rapido, an Indian online bike taxi aggregator, has launched Rapido Store, a one-stop solution for all business deliveries. With the help of Rapido Store, offline and online businesses will be able to deliver products to its customers during the COVID-19 pandemic. Currently, Rapido Store has been launched in Bengaluru and […]