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Rapido

Rapido

Private
Bangalore UrbanMobility, Transportation & Logisticshttps://rapido.bike/

Last Round

Series F

May 15, 2026

Est. Valuation

$3B

Total Funding Raised

$994.37M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Rapido is a transportation company that provides an app-based bike taxi booking platform aimed at making intra-city travel and last-mile connectivity affordable and enjoyable for everyone.

Sector

Mobility, Transportation & Logistics

Verticals

Ride-Sharing, Micro-Mobility, Food Delivery, Last-Mile Delivery

Business Model

B2C

Customer Profile

Marketplace Commission, Subscription SaaS, Usage-Based SaaS

AI Layer

Application

Keywords

bike taxiride-hailingbike taxi appauto-rickshaw bookingride sharinggig economy platformlast-mile deliveryon-demand transportgig workfood deliverydelivery appurban mobilitycab servicemulti-modal travellogistics marketplace

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Rapido Comparables

Compare Rapido with similar companies based on industry and business-model similarity.

Rapido comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Ola
89%
Uber
76%
BE GROUP Joint Stock Company
76%

Rapido Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series FMay 15, 2026
VC RoundSep 24, 2025
Series EJun 10, 2025
Series E ExtensionFeb 12, 2025
Series ESep 5, 2024
Series E
Jul 29, 2024

Key People

Founding team and executive leadership

ABu Baker

Chief Technology Officer

Executive Team

Srivatsa Katta

Chief Technology Officer

Executive Team

Rapido Investors

Notable investors and investment history

Rapido investors
InvestorRounds
Smile GroupPre Seed
ProsusVC Round, Series E Extension, Series F
Calabasas CapitalPre Seed
Merchants CapitalSeries A
SkycatcherSeries A, Series B
Sabre PartnersSeries B
Konark TrustSeries E, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 30, 2026

    Company now operates in over 200 cities.

  • Jun 30, 2026

    Claims 70% market share in bike taxis and 40% in auto rides.

Recent news

Latest coverage and updates

  • files_suit_againstSep 19, 2026

    Rapido filed suit against Magicpin on Aug 4th '26.

  • has_issues_withSep 17, 2026

    Rapido had issues with misleading advertisements, unfair trade practices, an unfair contract and the use of dark patterns that prompted riders to pay more on Jul 1st '23.

  • has_issues_withSep 16, 2026

    Rapido had issues with unfair trade practices and misleading advertisements on Sep 15th '26.

  • launchesSep 16, 2026

    Rapido launched feature prompting users to pay a "tip" to the driver before confirmation of the ride on May 16th '26.

  • has_issues_withSep 16, 2026

    Rapido had issues with violating dark pattern regulations on Sep 16th '26.

Rapido Filings

Explore SEC and related filing metadata, where available.

Rapido filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Rapido's valuation, stock price, and market status.

Is Rapido a public or private company?

Rapido is a private company.

What is the current stock price of Rapido?

Rapido is a private company with no public stock price. No recent secondary market data is available.

How much is Rapido worth (valuation)?

Rapido's valuation is estimated at $3.0B based on funding round data.

Can I buy Rapido stock?

Rapido shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Rapido's last funding round?

Rapido's most recent funding round was Series F on May 15, 2026.

Who are the main investors in Rapido?

Key investors in Rapido include Prosus, AdvantEdge Partners, WestBridge Capital, Nexus Venture Partners, Integrated Capital.

Will Rapido IPO soon?

No public IPO plans have been announced for Rapido.

How can I track Rapido secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Rapido's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersBangalore Urban
Employee Range1,213
Year Founded2015
Last FundingMay 15, 2026

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