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Rapido (company)

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as the state transport department declared bike taxis to be illegal. In April 2019, more than 170 Rapido bikes were impounded and an investigation was launched against Rapido by the city cyber crime police. Despite the ban, the company was reported to be illegally operating in Bangalore, with Rapido
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3 for every kilometer of the ride. The "Captains" need to register through the Rapido-Captain app and get validated by submitting the required documents. They can use motorcycles, scooters, or e-bikes, but the vehicle cannot be older than 2010.
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for violating local laws. In August 2019, the court lifted the ban and allowed the company to resume services in the state until the state government framed new regulations for bike taxi services.
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alumni – Aravind Sanka, Pavan Guntupalli, and SR Rishikesh. In September 2018, reports were that Rapido has over 15,000 registered riders, with average rides of 30,000 per day. Subsequently,
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In 2019, Rapido co-founder Aravind Sanka claimed that the company has created more than 500,000 jobs in India. In November 2019, the company claimed to have 1 crore registered users.
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officials in Bangalore seized over 120 Rapido bikes, after receiving complaints from the city's cab and auto rickshaw unions. In February 2022,
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The Rapido app allows the user to book a ride, after which a rider (called "Captain") arrives at the location. The fare includes a base fare of
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RTO officials seized 65 motorbikes belonging to Rapido riders, declaring bike taxi operations to be illegal in the state of Maharashtra.
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and operates in over 100 cities, but has run into legal troubles in several locations where bike taxis are not legal.
1320:"Lok Sabha elections 2024 Bengaluru: Rapido offers free rides to senior citizens, differently-abled voters in city" 272: 376: 300:
In September 2024, the company raised $ 200 Million in Series E at $ 1.1 Billion valuation thus making it an
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Under a campaign "SawaariZimmedariKi", Rapido offers free rides to differently-abled and senior citizens in
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Rapido has run into legal troubles in various cities. In October 2018, several bikes were seized in
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of goods for local businesses and e-commerce companies. In October 2020, Rapido launched on-demand
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as Rapido was operating without a permit from the transport department. In July 2019,
1345: 1120:"Assam Transport Department bans Rapido-Bike Taxi Service in Guwahati, Office sealed" 572:"Indian Motorbike-Taxi Service Rapido Aims To Reach 1 Million Rides Each Day In 2019" 276: 250: 214: 153: 769: 254: 206: 28: 597:"Bike taxi app Rapido to launch new features for visually-challenged commuter" 338: 330: 37: 1006: 833: 414:
In Apr 24, Rapido has raised funds of around $ 70 Mn from Westbridge Capital.
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In April 2022, the company received $ 180 million in a funding round led by
230: 114: 110: 456:"Bike-taxi service Rapido to double its presence to 150 cities in 6 months" 1048:"Bike taxis are illegal says Karnataka transport dept, impounds 200 bikes" 946:"Explainer: Why bike sharing app Rapido has been banned across Tamil Nadu" 550:"Startup Street: Rapido Begins Its Delhi City Service Amid Odd-Even Curbs" 397: 353: 1249:"Rapido Collaborates With ONDC for Seamless CMRL Metro Ticket Bookings" 1095:"Bike taxis hide behind aggregators, operate illegally under the radar" 408: 294: 218: 157: 969:"Rapido app lifted from Apple app store following Madras HC ban order" 1171:"120 bike-taxis seized in four hours in Bengaluru, Rapido cries foul" 422: 369: 283: 258: 667:"Bike taxi startup Rapido launches logistics service for businesses" 1196:"Pune RTO Seizes 65 Motorcycles Being Used For Bike Taxi By Rapido" 796:"India's bike taxi startup Rapido is getting into the cab business" 352:
In February 2019, more than 200 bike taxis belonging to Rapido and
744:"Rapido raises $ 180 mn in funding round led by Swiggy, TVS Motor" 365: 770:"Swiggy backs bike taxi platform Rapido in $ 180 million funding" 719:"Bike taxi app Rapido forays into on-demand autorickshaw service" 622:"Pawan Munjal, Rajan Anandan invest in bike taxi operator Rapido" 393: 380: 342: 902:"Rapido plans to launch "power pass" for regular commuters" 478:"Rapido posts Rs 443 Cr revenue in FY23; losses surge 54%" 261:
India head Rajan Anandan picked up stakes in the company.
271:, Rapido expanded its operations in logistics, providing 191: 1223:"Rapido launches cab services to race with Uber, Ola" 392:
In Dec 23, Rapido launched cab services to race with
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The company was founded in 2015 as theKarrier by two
1295:"Westbridge Capital likely to double down on Rapido" 229:services. Founded in 2015, the company is based in 186: 167: 145: 135: 125: 105: 93: 75: 65: 55: 47: 35: 290:, Westbridge, Shell Ventures, and Nexus Ventures. 361:Captains disguised as food delivery executives. 880:"Rapido kick-starts its operations in Warangal" 644:"We took a bold step to focus on tier-2 cities" 521:"Rapido targets to more than double user base" 43:Roppen Transportation Services Private Limited 8: 995:"Rapido can continue operations in T.N.: HC" 21: 1169:Mathew Philip, Christin (1 February 2022). 1145:"RTO asks Rapido to shut bike taxi service" 364:In February 2020, Rapido was banned across 27: 20: 693:"Rapido turns to hyperlocal delivery now" 411:to book metro tickets via the mobile app. 1247:Desk, CXOtoday News (7 February 2024). 544: 542: 447: 213:aggregator. Its offerings also include 1275: 1265: 1029: 1019: 993:Correspondent, Legal (2 August 2019). 924:"Bike taxi service runs into dead end" 403:In Feb 24, Rapido has partnered with 7: 1362:Indian companies established in 2015 820:Sharma, Samidha (5 September 2024). 1293:Raghavan, Ranjani (4 April 2024). 794:Singh, Jagmeet (27 October 2023). 337:banned Rapido's operations across 16:Indian online bike taxi aggregator 14: 405:Open Network for Digital Commerce 345:application was removed from the 1352:2015 establishments in Karnataka 967:Upadhyay, Harsh (19 July 2019). 209:, which primarily operates as a 172: 171: 768:Singh, Manish (15 April 2022). 1372:Ridesharing companies of India 1221:Shivangini (6 December 2023). 717:SH, Salman (15 October 2020). 1: 407:(ONDC) to allow customers in 1367:Companies based in Bangalore 182:(US$ 57 million) (FY23) 665:SH, Salman (22 June 2020). 293:In 2023, Rapido introduced 1388: 81:; 9 years ago 1357:Online companies of India 855:"Bike ride, a click away" 458:. The Hindu Business Line 26: 433:election on April 26 in 691:Mukherjee, Sharmistha. 131:100+ cities (2022) 267:After the breakout of 227:third-party logistics 162:Third-party logistics 748:www.fortuneindia.com 297:hailing on its app. 207:ride-hailing service 127:Number of locations 23: 1278:has generic name ( 1175:The Times of India 1124:The Sentinel Assam 1099:New Indian Express 1032:has generic name ( 826:The Economic Times 697:The Economic Times 484:. 13 January 2024. 316:20 in addition to 279:hailing services. 273:last-mile delivery 1202:. 5 February 2022 1050:. The News Minute 948:. The News Minute 882:. Telangana Today 375:In January 2022, 335:Madras High Court 288:TVS Motor Company 269:COVID-19 pandemic 200: 199: 1379: 1336: 1335: 1333: 1331: 1316: 1310: 1309: 1307: 1305: 1290: 1284: 1283: 1277: 1273: 1271: 1263: 1261: 1259: 1244: 1238: 1237: 1235: 1233: 1218: 1212: 1211: 1209: 1207: 1192: 1186: 1185: 1183: 1181: 1166: 1160: 1159: 1157: 1155: 1141: 1135: 1134: 1132: 1130: 1116: 1110: 1109: 1107: 1105: 1091: 1085: 1084: 1082: 1080: 1066: 1060: 1059: 1057: 1055: 1044: 1038: 1037: 1031: 1027: 1025: 1017: 1015: 1013: 990: 984: 983: 981: 979: 964: 958: 957: 955: 953: 942: 936: 935: 933: 931: 926:. Times of India 920: 914: 913: 911: 909: 904:. Economic Times 898: 892: 891: 889: 887: 876: 870: 869: 867: 865: 851: 845: 844: 842: 840: 817: 811: 810: 808: 806: 791: 785: 784: 782: 780: 765: 759: 758: 756: 754: 740: 734: 733: 731: 729: 714: 708: 707: 705: 703: 688: 682: 681: 679: 677: 662: 656: 655: 653: 651: 640: 634: 633: 631: 629: 624:. Economic Times 618: 612: 611: 609: 607: 593: 587: 586: 584: 582: 568: 562: 561: 559: 557: 546: 537: 536: 534: 532: 527:. 7 January 2022 517: 511: 510: 508: 506: 500:Business Insider 492: 486: 485: 474: 468: 467: 465: 463: 452: 319: 315: 196: 193: 181: 179: 175: 174: 99:Pavan Guntupalli 89: 87: 82: 31: 24: 1387: 1386: 1382: 1381: 1380: 1378: 1377: 1376: 1342: 1341: 1340: 1339: 1329: 1327: 1326:. 25 April 2024 1324:Hindustan Times 1318: 1317: 1313: 1303: 1301: 1292: 1291: 1287: 1274: 1264: 1257: 1255: 1246: 1245: 1241: 1231: 1229: 1220: 1219: 1215: 1205: 1203: 1194: 1193: 1189: 1179: 1177: 1168: 1167: 1163: 1153: 1151: 1143: 1142: 1138: 1128: 1126: 1118: 1117: 1113: 1103: 1101: 1093: 1092: 1088: 1078: 1076: 1068: 1067: 1063: 1053: 1051: 1046: 1045: 1041: 1028: 1018: 1011: 1009: 992: 991: 987: 977: 975: 966: 965: 961: 951: 949: 944: 943: 939: 929: 927: 922: 921: 917: 907: 905: 900: 899: 895: 885: 883: 878: 877: 873: 863: 861: 853: 852: 848: 838: 836: 819: 818: 814: 804: 802: 793: 792: 788: 778: 776: 767: 766: 762: 752: 750: 742: 741: 737: 727: 725: 716: 715: 711: 701: 699: 690: 689: 685: 675: 673: 664: 663: 659: 649: 647: 642: 641: 637: 627: 625: 620: 619: 615: 605: 603: 595: 594: 590: 580: 578: 570: 569: 565: 555: 553: 548: 547: 540: 530: 528: 519: 518: 514: 504: 502: 494: 493: 489: 476: 475: 471: 461: 459: 454: 453: 449: 444: 389: 356:were seized in 341:, while Rapido 327: 317: 313: 310: 302:unicorn company 239: 223:parcel delivery 190: 177: 176: 160: 156: 152: 138: 128: 121: 117: 100: 98: 85: 83: 80: 40: 17: 12: 11: 5: 1385: 1383: 1375: 1374: 1369: 1364: 1359: 1354: 1344: 1343: 1338: 1337: 1311: 1285: 1239: 1213: 1187: 1161: 1136: 1111: 1086: 1061: 1039: 985: 959: 937: 915: 893: 871: 846: 812: 786: 760: 735: 709: 683: 657: 635: 613: 588: 563: 538: 512: 487: 469: 446: 445: 443: 440: 439: 438: 415: 412: 401: 388: 385: 326: 323: 309: 308:Business model 306: 238: 235: 198: 197: 188: 184: 183: 169: 165: 164: 147: 143: 142: 139: 136: 133: 132: 129: 126: 123: 122: 119: 109: 107: 103: 102: 95: 91: 90: 77: 73: 72: 70:Transportation 67: 63: 62: 57: 53: 52: 49: 45: 44: 41: 36: 33: 32: 15: 13: 10: 9: 6: 4: 3: 2: 1384: 1373: 1370: 1368: 1365: 1363: 1360: 1358: 1355: 1353: 1350: 1349: 1347: 1325: 1321: 1315: 1312: 1300: 1296: 1289: 1286: 1281: 1269: 1254: 1250: 1243: 1240: 1228: 1224: 1217: 1214: 1201: 1197: 1191: 1188: 1176: 1172: 1165: 1162: 1150: 1149:Mumbai Mirror 1146: 1140: 1137: 1125: 1121: 1115: 1112: 1100: 1096: 1090: 1087: 1075: 1071: 1065: 1062: 1049: 1043: 1040: 1035: 1023: 1008: 1004: 1000: 996: 989: 986: 974: 970: 963: 960: 947: 941: 938: 925: 919: 916: 903: 897: 894: 881: 875: 872: 860: 856: 850: 847: 835: 831: 827: 823: 816: 813: 801: 797: 790: 787: 775: 771: 764: 761: 749: 745: 739: 736: 724: 720: 713: 710: 698: 694: 687: 684: 672: 668: 661: 658: 645: 639: 636: 623: 617: 614: 602: 598: 592: 589: 577: 573: 567: 564: 551: 545: 543: 539: 526: 522: 516: 513: 501: 497: 491: 488: 483: 479: 473: 470: 457: 451: 448: 441: 436: 432: 428: 424: 420: 416: 413: 410: 406: 402: 399: 395: 391: 390: 386: 384: 382: 378: 373: 371: 367: 362: 359: 355: 350: 348: 344: 340: 336: 332: 324: 322: 307: 305: 303: 298: 296: 291: 289: 285: 280: 278: 277:auto rickshaw 274: 270: 265: 262: 260: 256: 252: 251:Hero MotoCorp 248: 245:alumni and a 244: 236: 234: 232: 228: 224: 220: 216: 215:auto rickshaw 212: 208: 205:is an Indian 204: 195: 189: 185: 170: 166: 163: 159: 155: 154:Auto rickshaw 151: 148: 144: 140: 134: 130: 124: 116: 112: 108: 104: 97:Aravind Sanka 96: 92: 78: 74: 71: 68: 64: 61: 58: 54: 50: 46: 42: 39: 34: 30: 25: 19: 1328:. 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Livemint 556:3 November 505:4 December 462:3 November 442:References 339:Tamil Nadu 331:Coimbatore 51:theKarrier 38:Trade name 1022:cite news 1007:0971-751X 999:The Hindu 859:The Hindu 834:0013-0389 601:The Hindu 525:The Hindu 435:Karnataka 431:Lok Sabha 427:Mangaluru 419:Bengaluru 358:Bangalore 347:App Store 253:chairman 231:Bangalore 221:hailing, 211:bike taxi 180:473 crore 150:Bike taxi 115:Karnataka 111:Bangalore 1330:26 April 1304:26 April 1268:cite web 1258:26 April 1232:26 April 1206:29 April 1180:29 April 1129:16 April 1104:30 April 973:Entrackr 779:15 April 753:19 April 531:29 April 482:EnTrackr 429:for the 354:Ola Cabs 146:Services 94:Founders 66:Industry 48:Formerly 1074:Asianet 1054:4 April 930:4 April 908:4 April 886:4 April 864:4 April 628:4 April 606:4 April 581:4 April 409:Chennai 295:taxicab 237:History 219:taxicab 187:Website 168:Revenue 158:Taxicab 84: ( 76:Founded 60:Private 1005:  832:  576:Forbes 425:, and 423:Mysuru 396:& 370:Mumbai 284:Swiggy 259:Google 225:, and 203:Rapido 192:rapido 22:Rapido 366:Assam 194:.bike 141:India 120:India 1332:2024 1306:2024 1299:mint 1280:help 1260:2024 1234:2024 1227:mint 1208:2022 1182:2022 1156:2020 1131:2020 1106:2020 1081:2020 1056:2019 1034:help 1014:2020 1003:ISSN 980:2020 954:2019 932:2019 910:2019 888:2019 866:2019 841:2024 830:ISSN 807:2023 781:2022 755:2022 730:2020 723:mint 704:2020 678:2020 671:mint 652:2019 630:2019 608:2019 583:2019 558:2019 533:2022 507:2020 464:2019 394:Uber 387:News 381:Pune 247:PESU 217:and 86:2015 79:2015 398:Ola 377:RTO 343:iOS 243:IIT 1348:: 1322:. 1297:. 1272:: 1270:}} 1266:{{ 1251:. 1225:. 1198:. 1173:. 1147:. 1122:. 1097:. 1072:. 1026:: 1024:}} 1020:{{ 1001:. 997:. 971:. 857:. 828:. 824:. 798:. 772:. 746:. 721:. 695:. 669:. 599:. 574:. 541:^ 523:. 498:. 480:. 421:, 304:. 118:, 113:, 1334:. 1308:. 1282:) 1262:. 1236:. 1210:. 1184:. 1158:. 1133:. 1108:. 1083:. 1058:. 1036:) 1016:. 982:. 956:. 934:. 912:. 890:. 868:. 843:. 809:. 783:. 757:. 732:. 706:. 680:. 654:. 632:. 610:. 585:. 560:. 535:. 509:. 466:. 437:. 400:. 318:₹ 314:₹ 178:₹ 88:)

Index


Trade name
Private
Transportation
Bangalore
Karnataka
Bike taxi
Auto rickshaw
Taxicab
Third-party logistics
rapido.bike
ride-hailing service
bike taxi
auto rickshaw
taxicab
parcel delivery
third-party logistics
Bangalore
IIT
PESU
Hero MotoCorp
Pawan Munjal
Google
COVID-19 pandemic
last-mile delivery
auto rickshaw
Swiggy
TVS Motor Company
taxicab
unicorn company

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