Rapido
Rapido, with Bike-Taxis, Autos & Cabs is revolutionising the way India travels.
$240M Series B+ ·
Led by Prosus Ventures · Source: Business Line
Total raised: $719.2M across 7 sourced rounds
All 8 rounds ↓Signals
X account@rapidoapp_ · created Oct 1, 2015 (11 years old) · 24,872 followers
Website registeredSep 23, 2015 (11 years old)
About Rapido
With a presence in 150+ cities and over 100 million safe rides completed, Rapido is becoming India’s go-to app for comfortable and affordable rides.
TIMELINE · MONEY RAISED
Rapido | 1308 days from website to first raise on record
Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.
Funding rounds
| Date | Round | Amount | Lead | Source |
|---|---|---|---|---|
| Series B+ | $240M | Business Line | ||
| Series B+ | $15M | cioinsiderindia.com | ||
| Series B+ | $30M | msn.com | ||
| Series B+ | $200M | moneycontrol.com | ||
| Series B+ | $180M | SSwiggy | thetechportal.com | |
| Series B+ | $43M | inc42.com | ||
| Series B+ | undisclosed | yourstory.com | ||
| Series A | $11.2M | dealstreetasia.com |
Timeline
- X account created
- Website created
Founders and team
AS
Aravind Sanka FounderPG
Pavan Guntupalli FounderRS
Rishikesh SR FounderNM
Nikhil Manikanta Head Of ProductsPN
Pramod Nagendra VP of Data science and engineeringPB
Praneeth Bakki Senior Product ManagerSS
Shivalik Sen Head, Data ProductsSR
Shravya Reddy Vice PresidentSD
Someshwar Dash Lead Engineer - Data Science and Engineering
Acquisitions
| Acquired company | Price | Announced |
|---|---|---|
| Not disclosed publicly | Date not given | |
| Not disclosed publicly | Date not given |
Investors
AAccel
- BBAce Capital
- DDaniel Kanak
IIntegrated Capital
IInvus
- KKa Wing Kevin Kwong
- KKarina Choudhrie
- KKonark Trust
KKunal Shah
- MMotherson Lease Solutions
NNexus Venture Partnerslead investor
- PPawan Munjal Family Trust
- PPositive Moves
PProsus Ventureslead investor
- QQED Innovation Labs
SShell Ventures
SShunwei Capital
- SSkycatcher
- SSwiggylead investor
TThink Investments
- TTimothy Ting Fai Wong
- TTVS Motor Company
WWestBridge Capitallead investor
- YYamaha
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Other companies backed by Prosus Ventures
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AArivihan$10M Series A · Sep 2026
EEma$77M Series B+ · Sep 2026
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NNavi$100M · Aug 2026
EEmergent$130M Series B+ · Jul 2026
Sources and API
Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/rapido (get a free API key).