India's Most Valuable Companies 2022 edition · Source: Hurun India
Rank#469- Valuation
- ₹6,600 Cr
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About Rapido
Rapido is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2015 by Rishikesh S R and Aravind Sanka. Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions. Rapido has raised $798.05 million across 14 funding rounds from investors including Swiggy, Shell and TVS Motor Company. The company has 817 employees. Rapido has completed 3 acquisitions, including Getbike, VahAnalytics and vahananalytics.com. Rapido was last valued at $3 billion in June 2026. Its chief executive, as recorded, is Aravind Sanka. Its website rapido.bike draws about 3.3 million monthly visits. Its Indian entity Roppen Transportation Services Private Limited reported revenue of ₹979 Cr. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Motorized Two-Wheelers. Its competitors include Bikxie, Hitch Biker and Haye; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2015 in Bengaluru, India, Rapido functions as a mobility platform in the transportation sector. Passengers are connected with driver partners through a mobile app for intra-city rides, including bike taxis, auto rickshaws, and cabs. Real-time tracking, fare estimation, and cashless payments are supported. Operations extend across multiple cities in India, focusing on first-mile and last-mile connectivity solutions.
Recognitions & Rankings of Rapido
- Headquarters Bengaluru, India
- Employees 817
- Founders Rishikesh S R, Aravind Sanka
- Stage Unicorn
- SectorsTransportation, Automotive & Logistics
- Website category Computers Electronics and Technology
- Email••••••••
- Website rapido.bike
- Social LinkedIn X Facebook
- Legal Name Roppen Transportation Services Private Limited
- Date of Incorporation 05 Jan, 2015
- Jurisdiction Hyderabad, Telangana, India
Operational Areas
Associated legal entities of Rapido
Rapido operates through Roppen Transportation Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Roppen Transportation Services Private Limited CIN U52210TG2015PTC097115 | Active | 05 Jan 2015 | Hyderabad, Telangana | ₹979 Cr | 738 | 5 | View details |
Apps and channels of Rapido
Rapido publishes 1 mobile app with over 100M+ downloads.
Funding Insights of Rapido
Rapido has successfully raised a total of $798.05M across 14 strategic funding rounds. The most recent funding activity was a Series F round of $240 million completed in May 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $798.05M
- Total Rounds 14
- Last Round Series F — $240M
- First Round $180,981
(May 2015)
- Investors Count 84
Latest 10 of 14 funding rounds of Rapido with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2026 | $240M | Series F | – | Prosus | |
| Jun 2025 | $15M | Series E | – | Nexus Venture Partners | – |
| Dec 2024 | $29.83M | Series E | $1.08B | Prosus | – |
| Jul 2024 | $200M | Series E | $1.02B | WestBridge Capital | |
| Apr 2022 | $180M | Series D | $••••• | Swiggy | |
| May 2021 | $58.36M | Series C | $••••• | WestBridge Capital | |
| Jun 2020 | $56,608 | Series B | $••••• | xto10x | – |
| Aug 2019 | $54.76M | Series B | $••••• | WestBridge Capital | |
| Apr 2019 | $11.35M | Series B | $••••• | Nexus Venture Partners | |
| Jan 2019 | $10M | Series B | – | Integrated Capital, Nexus Venture Partners |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Dec 2024 | $1.08B | •••••••• |
| Jul 2024 | $1.02B | •••••••• |
| Apr 2022 | $••••• | •••••••• |
| May 2021 | $••••• | •••••••• |
| Jun 2020 | $••••• | •••••••• |
| Aug 2019 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Apr 2018 | $••••• | •••••••• |
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Full valuation and stage history of Rapido
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $3B (Jun 2026). 84 investors in total: 56 institutional and 28 angel.
Investors in Rapido
Rapido has secured backing from 84 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Swiggy, Shell and TVS Motor Company.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech companies are invested in by this venture capital firm. | 1997 | prosus.com | Amsterdam, Netherlands | |
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius | |
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | nexusvp.com | Menlo Park, United States | |
Early-stage investments are targeted by Konark Trust venture capital firm. | konarktrust.tcc.mode | Bengaluru, India | ||
Venture capital is provided to multiple sectors by MMPL Trust. | mmpltrust.tcc.mode | Bengaluru, India | ||
Single family office of Pawan Munjal, managing director and CEO of Hero MotoCorp | pawanmunjalfamilytrust.tcc.mode | Delhi, India | ||
Multiple sectors are invested in by a single family firm. | everbluemanagement.tcc.mode | |||
Early-stage investments are targeted by the venture capital firm. | potential.ventures | London, United Kingdom | ||
Venture capital funding is provided to innovative startups in India. | qedinnovationlabs.tcc.mode | Mumbai, India | ||
Venture capital firm focused on multiple sectors | everbluebangladesh.tcc.mode | New York, United States |
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Investor details for Rapido
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Roppen Transportation Services Private Limited (Rapido)
Roppen Transportation Services Private Limited is the primary company behind Rapido. The board of Roppen Transportation Services Private Limited currently have 5 directors; the longest-serving is Pavan Kumar Guntupalli, appointed in 2015. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pavan Kumar Guntupalli DIN 07018744 | Whole-time director | 05 Jan 2015 | 11 yrs 9 mo | Roppen Transportation Services Private Limited |
| Aravind Sanka DIN 07018743 | Whole-time director | 05 Jan 2015 | 11 yrs 9 mo | Roppen Transportation Services Private Limited |
| Sumir Chadha DIN 00040789 | Director | 18 Jul 2024 | 2 yrs 3 mo | Roppen Transportation Services Private Limited |
| Sanjay Mitra DIN 05177838 | Additional Director | 01 Dec 2024 | 1 yr 10 mo | Roppen Transportation Services Private Limited |
| Suchita Sharma DIN 10656028 | Additional Director | 20 Aug 2025 | 1 yr 2 mo | Roppen Transportation Services Private Limited |
People of Rapido
7 people are tracked at Rapido (7 in leadership); the tracked headcount is 817.
| Name | Role | Group |
|---|---|---|
Rishikesh S R | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Anvith Murthy | VP, Human Resources | Leadership |
| Co-Founder | Leadership | |
Amit Verma | Head of Marketing | Leadership |
Pramod | VP, Head of Data Science and Engineering | Leadership |
Srivatsa Katta | Head of Engineering | Leadership |
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Complete people profiles for Rapido
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Financials of Rapido
Figures of Roppen Transportation Services Private Limited, the primary company behind Rapido, for FY 2025. Revenue was ₹979 Cr. Net loss was -₹258 Cr (-26% margin). EBITDA was -₹321 Cr (-32% margin).
- ₹979 CrRevenue · FY 2025
- -₹258 CrNet loss · -26% margin
- -₹321 CrEBITDA · -32% margin
- ₹1.59 CrPaid-up capital
- 738Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Roppen Transportation Services Private Limited are on its company page.
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Detailed financial statements for Rapido
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Investments & Acquisitions by Rapido
Rapido has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Getbike, VahAnalytics and vahananalytics.com.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI and SaaS-based driver behavior analytics solutions are offered. | vahanalytics.com | Mumbai, India | 2016 | Aug 2019 | •••• | |
Limited information is available regarding core activities. | vahananalytics.com | Mumbai, India | 0 | Aug 2019 | •••• | |
Bike taxis are hailed via a mobile app in Hyderabad. | getbike.co.in | Hyderabad, India | 2016 | May 2018 | •••• |
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Complete acquisition details for Rapido
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Timeline of Rapido
9 dated milestones of Rapido across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Rapido is founded.
- Funding First funding round of $181K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Getbike.
- Acquisition Acquires VahAnalytics.
- Acquisition Acquires vahananalytics.com.
- Milestone Reaches Soonicorn status.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series F, of $240.0M.
Competitors of Rapido
Rapido has 3 listed competitors in our database, 2 of them funded. They include Bikxie, Hitch Biker and Haye.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bikxie.com | 2015 | Gurugram, India | $528,213 | Bike taxis are booked via a mobile application in Gurugram. | ||
| hitchbiker.in | 2016 | Chennai, India | $37,958 | App-based platform for book taxi or bike services | ||
| haye.in | 2019 | Hyderabad, India | Functions as an app-based aggregator for bike ride-hailing services. |
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Detailed competitors of Rapido
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Web traffic of Rapido
The website of Rapido (rapido.bike) receives about 3.3M visits a month and ranks #17,412 among all websites worldwide, #2,300 in Computers Electronics and Technology.
- Monthly visits3.3M
▲ 1.9% vs previous month
- Unique visitors1.7M
per month
- Global rank#17,412
among all websites
- Category rank#2,300
Computers Electronics and Technology · Computers Electronics and Technology
Visitor engagement
- Bounce rate26%
- Pages per visit3.4
- Average visit1 min 20 sec
- DevicesDesktop 3% · Mobile 97%
Similar websites
Websites whose visitors overlap most with Rapido. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| leetcode.com | 100% | 38.5M | #1,101 | View details | |
t.me | t.me | 94% | #53 | – | |
| figma.com | 93% | 84.7M | #221 | View details | |
| notion.so | 87% | 178.3M | #160 | View details | |
lnkd.in | lnkd.in | 84% | #11,546 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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All 40 similar websites and full traffic analytics for Rapido
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Top companies in Road Transport Tech
3 companies that operate in the same segment as Rapido (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.83 B | USD 278.63 M | 2,473 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M |
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Related news about Rapido
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Articles about Rapido on our blog
Frequently Asked Questions about Rapido
Rapido was founded in 2015.
Rapido is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Aravind Sanka is the CEO of Rapido, as recorded in our data. They have also founded this company.
Rapido is a funded company, having raised a total of $798.05M across 14 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on May 2015.
Rapido has 817 employees.
The primary company behind Rapido, Roppen Transportation Services Private Limited, reported revenue of ₹979 Cr for FY 2025.
Founded in 2015 in Bengaluru, India, Rapido functions as a mobility platform in the transportation sector. Passengers are connected with driver partners through a mobile app for intra-city rides, including bike taxis, auto rickshaws, and cabs. Real-time tracking, fare estimation, and cashless payments are supported. Operations extend across multiple cities in India, focusing on first-mile and last-mile connectivity solutions.
Rapido's top competitors include Bikxie, Hitch Biker and Haye.
Rapido has made 3 acquisitions, including Getbike, VahAnalytics, and vahananalytics.com.
Rapido has 84 investors. Key investors include Swiggy, Shell, TVS Motor Company, Accel, and xto10x.
The valuation of Rapido is $3B as of Jun 2026.
Rapido operates through Roppen Transportation Services Private Limited.