Rapido Company Profile, Funding News & Updates

The funding comes at a key moment as the company looks to expand beyond its core ride-hailing business. It’s now preparing to enter the food delivery market, which Zomato and Swiggy currently dominate.

Through this partnership, NSDC’s training centers will connect with Rapido’s transport network to offer steady income opportunities to people across the country.

Rapido, the ride-hailing service provider company, will launch Pink bikes for women in Karnataka by the end of 2025. This service will be run entirely by women riders, who will serve only women customers.

Ride-hailing app Rapido is raising Rs 250 crore in its Series E round from global tech investor Prosus, according to a Registrar of Companies filing.

Prior to Rapido, Pavan Guntupalli failed in 7 startups, and now built Rs 6700 Cr worth of company, creating 60 lakhs jobs.

Rapido, a mobility startup that is funded by Swiggy, has achieved unicorn status through a $120 million Series E funding round. WestBridge Capital, the startup's largest investor, has contributed funds through three distinct investment vehicles.

BluSmart, Ola, Hala Mobility, Zoomcar, Meru Cab, SmartE, Taxida, YULU, Rapido, & Calamus are the Top 10 Best Shared Mobility Startups in India.

Instamojo, Smallcase, Meesho, Rapido, Ather Energy, Yulu, FreshMenu, LivSpace, Wooplr, AssureShift, Blowhorn, ShopX, Flipclass, Mywash, Skillenza, TruckEasy, Delyver, DailyRounds, HackerEarth etc are the the Top 20 Best Startups in Bangalore in 2024

List of Startups Funded By Rajan Anandan are Unacademy, WebEngage, EasyGov, omnify, Travel Khana, Tracxn, Capillary Technologies, etc.