IIT alumni Aravind Sanka, Pavan Guntupalli, and Rishikesh SR founded Rapido in 2015 to provide affordable and convenient bike taxi rides in India

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Aravind Sanka has experience in the e-commerce and logistics industries

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Rapido raised $1.5 million in seed funding from Accel Partners and Blume Ventures in 2016

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The company has since raised over $300 million in funding from investors such as Swiggy, Tiger Global, and Sequoia Capital India

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Rapido operates in over 100 cities across India and has over 1 million registered users

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Rapido operates in over 100 cities across India and has over 1 million registered users

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The company's bike taxis are a popular option for commuters in India, as they offer a more affordable and convenient alternative to public transportation

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The company is looking to expand into new markets in the future, such as Southeast Asia and Africa

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Rapido is a leading player in the Indian bike taxi market and is well-positioned for future growth

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