rapido
Rapido’s growth story has handed one of its earliest backers a windfall. Delhi-based venture investor Advantedge has recorded a striking 30 times return on the capital it originally put into the mobility platform, after completing a...
magicpin and Rapido have teamed up in a move that directly targets the strong hold of Zomato and Swiggy in India’s food delivery world. The partnership brings together magicpin’s restaurant network and Rapido’s delivery strength through...
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Rapido Hits $2.3 Billion Valuation as Swiggy Exits With ₹2,400 Crore Payout
Bengaluru-based ride-hailing startup Rapido is in advanced talks to raise between $500 million and $550 million through a mix of primary and secondary share...
Rapido vs Ola battle heats up as Uber CEO hails Rapido’s driver-friendly model and rapid market share growth
Uber CEO Dara Khosrowshahi has revealed that the true battle in India is now Rapido vs Ola, not Uber vs Ola. In an interview...
Rapido, Ola, and Uber Score Big Win as Govt Approves Private Bike Taxis, Surge Pricing Up to 200% Legalized
In a major revamp of how India governs app-based transport, the Ministry of Road Transport and Highways has introduced the Motor Vehicle Aggregator Guidelines...
Rapido, Uber Booked for Illegal Bike Taxi Ops in Mumbai After RTO Sting; Face Action Under BNS and Motor Vehicles Act
Mumbai’s transport crackdown just escalated. On Tuesday, city police registered FIRs against app-based bike taxi operators Rapido and Uber, accusing them of running passenger...
Karnataka High Court Halts Rapido, Ola, Uber Bike Taxis: 600,000 Riders Face Unemployment, ₹700 Cr Earnings at Stake
Karnataka’s ride-hailing scene faces a major jolt. The state’s High Court has refused to pause an earlier decision banning bike taxi services, forcing platforms...
Rapido Enters ₹75,000 Crore Food Delivery War with ‘Ownly’, Challenges Swiggy-Zomato with Zero-Commission Model
After challenging Ola and Uber in the mobility space, Rapido is now revving up to disrupt another high-stakes battleground: food delivery. The company is...
Rapido Gears Up to Take on Zomato & Swiggy: Bags ₹125 Cr from Nexus, Plans ‘Ownly’ Food Delivery Rollout
Bengaluru-based ride-hailing startup Rapido is raising ₹125 crore (approximately $15 million) from Nexus Venture Partners, according to regulatory filings accessed recently. The funding boost...
Rapido Gears Up for Food Delivery War: Plans to Take on Swiggy & Zomato with 1,000+ Cities in Sight
Rapido, the Bengaluru-based startup best known for its bike taxi services, is reportedly gearing up to enter the food delivery space, setting the stage...
Rapido to Launch ‘Pink Rapido’ in Karnataka: Women-Only Bike Taxi Service Coming Soon
Bengaluru-based ride-hailing platform Rapido is set to introduce ‘Pink Rapido’, a women-driven bike taxi service designed exclusively for female passengers. Slated for launch in...
Rapido Sets Ambitious Goal to Expand to 500 Cities Across India Following $200 Million Funding Round
Rapido, the mobility startup backed by WestBridge, has unveiled bold plans to broaden its reach across India by launching operations in 500 cities. This...
Rapido Gears Up for Pan-India Expansion After 46% Revenue Surge in FY24
Rapido, the Bengaluru-based ride-hailing company and a key competitor to Ola and Uber, has unveiled plans to expand its services to 500 cities across...
Rapido in talks with Zepto for quick-commerce delivery
Ride-hailing unicorn Rapido is in talks with quick commerce startup Zepto and grocers Pincode and KPN to enter the quick commerce delivery market, according...