What Rapido does
Founded in 2015, Rapido is a ride-hailing booking platform. The travel tech company initially started with bike taxi booking services, and later expanded with last-mile delivery, auto and cab services. As of 2025, Rapido operates in over 150 cities across India, with plans to expand to 500 cities. In 2025, Rapido launched a non-AC cab service to offer cheaper ride rates. As of August 2024, the unicorn has over 50% of India's bike taxi market, and as of May 2025, it currently holds over 20% market share in the four-wheeler ride-hailing sector. With a revenue of Rs 497.49 Cr in FY23, Rapido competes with companies including OLA, Meru Cabs and ZoomCar.
Who runs it
Funding and finances
Why this matters to you: funding stage is a rough proxy for how long the runway is and how much structure to expect. It is not a promise, and a profitable bootstrapped company can be the safer bet.
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Questions and experiences
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Company facts compiled from public sources and last refreshed 9 September 2026. Details change; treat the company’s own site as the authority.