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Rapido Bike Taxi

Rapido is the pioneer in the bike taxi segment and introduced this concept in the country in 2015. Headquartered in Bangalore, Rapido is India's first and the largest bike taxi player present in close to 100 cities. See more

. Mobility / Transportation, . Automotive

Basic Information

Rapido started its journey under the name theKarrier by two IIT alumni and a PESU alumni, Aravind Sanka, Pavan Guntupalli, and SR Rishikesh. It operates in over 100 cities across India and has over 1 crore registered users. Rapido has been backed by Hero MotoCorp’s Pawan Munjal and Google India’s Rajan Anandan and claims to have created over 5 lakh jobs in the country. See more

Legal Name

:

Roppen Transportation Services Pvt Ltd

Headquarters

:

Bangalore, Karnataka, India

Business Model

:

B2C

Founding Date

:

Nov 2015

No. of Employees

:

501 to 1000

Core Team

:

1.

Pavan Guntupalli

Co-Founder

2.

Rishikesh S R

Co-Founder

3.

Aravind Sanka

Co-Founder

Funding

Total Funding

$82.2M

Investors

:

1.

Pawan Munjal

2.

Ka Wing Kevin Kwong

3.

Rajan Anandan

4.

BAce Capital

5.

WestBridge Capital

6.

Skycatcher

7.

Integrated Capital

8.

India Technology Fund

9.

Thompson Taraz Managers

10.

AdvantEdge Founders

11.

Nexus Venture Partners

12.

Astarc Ventures

See More

Detail Round Breakdown

Round 1

$180M

Series Name

:

SERIES-D

Date

:

15th Apr 2022

Investors

:

1.

Swiggy

2.

TVS Motor Company

3.

WestBridge Capital

See More

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