Rapido has obtained promises of approximately $70 million and is presently pursuing Indian family offices for more support. This funding may increase the company’s valuation to $900 million. In FY23,

Rapido was launched in Nov 2015 by three young entrepreneurs out of them two are IITians and and one is PESU alumni, Pavan Gutupalli, Rishikesh SR, Aravind Sanka.

After commuters complained about overcharging, the state transportation department declared the services unlawful. Commuters have complained that Ola and Uber charge a minimum of Rs 100 for distances of less

It comes at a time when Swiggy’s rival Zomato announces 10-minute food deliveries. Rapido, a bike taxi startup, has secured $180 million in a Series D round headed by Swiggy

Rapido allows internet commuting to schedule bike rides from their present position to their desired place at a low cost and in the shortest amount of time.Its is India’s very