Rapido Revenue and Competitors

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Bangalore, India

Location

$310M

Total Funding

Estimated Revenue & Valuation

  • Rapido's estimated annual revenue is currently $399.1M per year.(i)
  • Rapido's estimated revenue per employee is $207,350
  • Rapido's total funding is $310M.
  • Rapido's current valuation is $800M. (April 2022)

Employee Data

  • Rapido has 1925 Employees.(i)
  • Rapido grew their employee count by 54% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$35M1807742%$2.5B$10.7B
#2
$439.2M1976341%$3.6B$10.7B

Rapido Bike Taxi is a platform where people can book a bike ride through a mobile app to and from the destination of their choice. It also provides an opportunity for people with a two-wheeler to become a Captain on the platform to offer rides on their bikes and make some extra money in their spare time. Founded in 2015, Rapido Bike Taxi has been making life easier for people, solving the ever-growing intra-city commute problem in the most economical way. The menace of traffic and the lack of efficient transport option in most cities is a common day problem now. With a vision to provide affordable and fast transport option for the people, Rapido Bike Taxi is now operational in more than 15 cities across India.

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$310M

Total Funding

1925

Number of Employees

$399.1M

Revenue (est)

54%

Employee Growth %

$800M

Valuation

N/A

Accelerator

Rapido News

2022-04-17 - Rapido Receives $180 Million from Swiggy to Support Its Bike Taxi Business

Indian startups have been on the rise, and one of those that has found massive success is Rapido, a bike taxi business.

2022-04-17 - New Investment Values India's Rapido at More Than $800M

India's Rapido bicycle taxi platform has raised $180 million in a Series D funding round, TechCrunch and other media outlets reported.

2022-04-17 - Swiggy backs bike taxi platform Rapido in $180 million funding

Rapido's Series D financing round also saw participation from TVS Motor Company and existing investors Westbridge, Shell Ventures and Nexus...

2021-08-17 - Bike taxi startup Rapido raises USD 52 million from WestBridge Capital and others

Bengaluru-based bike taxi startup Rapido has raised USD 52 million in a Series C round led by its existing backer WestBridge Capital, with participation from new investors including Shell Ventures, Yamaha, Cred’s founder Kunal Shah, Spotify India CEO Amarjit Singh Batra, and Positive Moves Consu ...

2021-08-17 - Rapido Secures $52 Mn Funding

August 17, 2021 2 min read Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Rapido, bike taxi platform, recently announced securing $52 million in its latest round of funding that saw participat ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
N/A1930276%N/A
#2
$296.6M201832%N/A
#3
$434.4M209565%$113.8M
#4
$227.3M223950%N/A
#5
$221.8M2263-8%N/A