When was Rapido founded?

Rapido was founded in 2015 and became a unicorn in 2024.

Where is Rapido located?

Rapido is headquartered in Bengaluru, India. It is registered at 3rd Floor, Sai Prithvi Arcade, Megha Hills Sri Rama Colony, Madhapur, Hyderabad, Hyderabad, Telangana, India, 500081.

Which legal entities is Rapido associated with?

Rapido is associated with ROPPEN TRANSPORTATION SERVICES PRIVATE LIMITED.

How many employees does Rapido have?

As of Mar 31, 2026, the latest employee count at Rapido is 817.

Is Rapido a funded company?

Rapido is a funded company, having raised a total of $798M across 14 funding rounds to date. The company's 1st funding round was a $181K Seed round, raised on May 08, 2015.

How much is Rapido worth?

The latest valuation of Rapido is $3B as of Jun 05, 2026.

When was the latest funding round of Rapido?

Rapido's latest funding was a $240M Series F round on May 15, 2026, with participation from 8 investors.

What is the annual revenue of Rapido?

Annual revenue of Rapido is more than ₹1,000 Cr as on Mar 31, 2025

Is Rapido a Road Transport Tech company?

The primary sector of Rapido is Road Transport Tech.

Where does Rapido rank among its competitors?

Rapido ranks 2nd amongst 510 active competitors, of which 39 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Rapido, which secured $240M in May, 2026.

Who are the top competitors of Rapido?

Rapido's top competitors include Uber, Blu-Smart and Namma Yatri. Among them, Rapido secured the most recent funding round in May, 2026.

Rapido - 2026 Company Profile, Team, Funding, Competitors & Financials

Rapido is a series F company based in Bengaluru (India), founded in 2015 by Aravind Sanka, Pavan Kumar Guntupalli and Rishikesh S R. It operates as a Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides. Rapido has raised $798M in funding from investors like Nexus Venture Partners, WestBridge Capital and Prosus, with a current valuation of $3B. The company has 510 active competitors, including 39 funded and 8 that have exited. Its top competitors include companies like Uber, Blu-Smart and Namma Yatri.

Sectors and market segments that Rapido operate in

Rapido serves in the Travel and Hospitality Tech, Auto Tech, Transportation and Logistics Tech market segments.The primary business model of Rapido are:

Company Details

Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides. The platform connects passengers with vehicle operators through a mobile app for intra‑city transport. It supports bike taxi rides, auto rickshaw bookings and cab service requests with real‑time tracking, fare estimation and cashless payment options. It operates across many cities with a network of driver partners.

Website: rapido.bike
Social
Email ID: *****@rapido.bike
Registered Address: 3rd Floor, Sai Prithvi Arcade, Megha Hills Sri Rama Colony, Madhapur, Hyderabad, Hyderabad, Telangana, India, 500081

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Series F

Total Funding

$798M in 14 rounds

Latest Funding Round

Series F, May 15, 2026, $240M

Post Money Valuation

$3B as on Jun 05, 2026

Investors

Nexus Venture Partners & 95 more

Ranked

2^nd among 510 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

817 as on Mar 31, 2026

Investment & Acquisitions

vahananalytics.com & 2 more

Similar Companies

SafeBoda & 183 more

View Rapido's full profile

Rapido is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ROPPEN TRANSPORTATION SERVICES PRIVATE LIMITED CIN: U52210TG2015PTC097115 , India, Active	Jan 05, 2015	₹1,000+ Cr (As on Mar 31, 2025)	864 (As on May 01, 2026)

Rapido has raised a total funding of $798M over 14 rounds. Its first funding round was on May 08, 2015. Its latest funding round was a Series F round on May 15, 2026 for $240M. 8 investors participated in its latest round. Rapido has 62 institutional investors and 34 angel investors.

Here is the list of recent funding rounds of Rapido:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 15, 2026	$240M	Series F	-	-	Prosus	WestBridge Capital, Accel, Invus, Konark Trust, Think Investments, Setu Aif Trust, MMPL Trust
Jun 10, 2025	$15M	Series E	-	-	Nexus Venture Partners	-
Dec 27, 2024	$29.8M	Series E	-	-	Prosus, Nexus Venture Partners	-

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View details of Rapido's funding rounds and investors

The founders of Rapido are Aravind Sanka, Pavan Kumar Guntupalli and Rishikesh S R.

Here are the details of Rapido's key team members:

Aravind Sanka: Co-Founder of Rapido and founder of 1 other company. They are also an angel investor in 11 startups and serve on the boards of 2 companies.
Contact Info: 1 email address and 2 phone numbers
Pavan Kumar Guntupalli: Co-Founder of Rapido. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Rishikesh S R: Co-Founder of Rapido. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number

Rapido's Board of Directors

Rapido's board has 6 active members. Kunal Khattar, Sumir Chadha, Aravind Sanka and Pavan Kumar Guntupalli are part of team and Sanjay Mitra and Suchita Sharma are independent board members.

Here is the list of Rapido's board of directors:

Name	Type	Representing	Status	Duration
Aravind Sanka	Team	-	Past	11y 6m
Pavan Kumar Guntupalli	Team	-	Past	11y 6m
Rishikesh S R	Team	-	Past	4y 8m
Kunal Khattar	Investor	AdvantEdge	Current	9y 10m
Sumir Chadha	Investor	-	Current	2y 0m
Presha Paragash	Investor	Sol Primero	Past	0y 7m
Suchita Sharma	Independent board member	-	Current	0y 10m
Sanjay Mitra	Independent board member	-	Past	1y 8m

View details of Rapido's Founder profiles and Board Members

Rapido's employee count trend

Rapido has 817 employees as of Mar 26. The total employee count is 18.0% more than what it was in Mar 25. Here is Rapido's employee count trend over the years:

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Top competitors of Rapido include Uber, Blu-Smart and Namma Yatri. Here is the list of Top 10 competitors of Rapido, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Uber 2009, San Francisco (United States), Public	Network providing on-demand transportation, delivery, and business management solutions	$13.2B	Toyota, New Enterprise Associates & 191 others	89/100
2nd	Rapido 2015, Bengaluru (India), Series F	Provider of an intra-city bike taxi ride-hailing service offering affordable, quick, and comfortable rides	$798M	WestBridge Capital, Nexus Venture Partners ... & 94 others	84/100
3rd	Blu-Smart 2019, Gurugram (India), Series A	Platform offering electric vehicle fleet undergoing corporate insolvency resolution process	$159M	responsAbility, Lightsource BP & 279 others	83/100
4th	Namma Yatri 2012, Bengaluru (India), Seed	Digital mobility platform providing a people-first ride-hailing service through an open network	$15.4M	Blume Venture, Antler & 23 others	77/100
5th	Ola 2010, Bengaluru (India), Series J	Operator of a network providing on-demand transportation and mobility solutions	$3.84B	Tiger Global Management, Steadview & 150 others	73/100
6th	Savaari 2006, Bengaluru (India), Acquired	App-based intercity ride-hailing aggregator	$5.93M	Athera, Intel & 1 others	71/100
7th	Jugnoo 2014, Sahibzada Ajit Singh Nagar (India), Series B	On-demand ride-sharing platform through its aggregation of auto rickshaws	$16.9M	Paytm, Snow Leopard Ventures & 46 others	70/100
8th	Snap-E Cabs 2022, Kolkata (India), Seed	Operator of electric vehicle transportation services providing ride bookings via application	$5M	Inflection Point Ventures, Yellowrain & 5 others	68/100
9th	Meru 2007, Mumbai (India), Acquired	App-based platform offering ride-hailing services	$135M	True North, Brand Capital & 12 others	64/100
10th	TaxiForSure 2011, Bengaluru (India), Acquired	Car rental aggregator	$45.2M	Accel, Helion Venture Partners & 11 others	59/100

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Founders own 9.16%, Funds (largest shareholder) own 62.82%, Parent Entities own 5.60% and Enterprises own 15.30%. The net worth of Rapido's founders is INR 2,450Cr as of May 15, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	9.16%	2,450Cr	6123788	9695403	8654786	5118330
Pavan Kumar Guntupalli	860	395	332	535	279	849
Aravind Sanka	831	405	609	484	402	504
Rishikesh S R	4	6	7	8	8	5
Fund	62.82%	16,800Cr	3440974	5477352	1919418	3615670
Prosus	8076564	2539079	2648368	5180747	4244653	7022696
Nexus Venture Partners	269642	215201	825314	856622	207171	564638
Integrated Capital	863	163	430	113	289	441
Think Investments	57	19	94	29	14	28
Shell	4	7	7	8	7	5
Invus	3	7	5	8	1	1
Astrend IV India Investment	6	4	3	6	3	1
AdvantEdge	6	6	3	2	8	5
Astarc Ventures	0	0	0	0	0	0
BAce Capital	0	0	0	0	0	0
Accel	0	0	0	0	0	0
Konark Trust	0	0	0	0	0	0
Pawan Munjal Family Trust	0	0	0	0	0	0
Sabre Partners	0	0	0	0	0	0
Sol Primero	0	0	0	0	0	0
Renu Sehgal Trust	0	0	0	0	0	0
Thompson Taraz	0	0	0	0	0	0
Outbox Ventures	0	0	0	0	0	0
Skycatcher	0	0	0	0	0	0
Katalyzers	0	0	0	0	0	0
Tessellate Ventures	0	0	0	0	0	0
Merchants Capital	0	0	0	0	0	0
McCandless Management	0	0	0	0	0	0
Pivot Investment Partners	0	0	0	0	0	0
Potential Ventures	0	0	0	0	0	0
Calabasas Capital	0	0	0	0	0	0
QED Innovation Labs	0	0	0	0	0	0
CBP Quilvest	0	0	0	0	0	0
xto10x	0	0	0	0	0	0
Parent Entity	5.60%	1,500Cr	73506	73775	75292	15560
Enterprise	15.30%	4,090Cr	7764352	3940472	8415041	6506274
Angel	1.42%	380Cr	4	7	3	5
Kwatra Rashmi	0	0	0	0	0	0
Abhimanyu Munjal	0	0	0	0	0	0
Vikramaditya Jain	0	0	0	0	0	0
Kevin Kwong Ka Wing	0	0	0	0	0	0
Anupam Mittal	0	0	0	0	0	0
Rajan Anandan	0	0	0	0	0	0
Nikhil Talwar	0	0	0	0	0	0
Timothy Ting Fai Wong	0	0	0	0	0	0
Sachin Bhatia	0	0	0	0	0	0
Ankit Nagori	0	0	0	0	0	0
Venu Veeramani	0	0	0	0	0	0
Vamshi Reddy	0	0	0	0	0	0
Bharat Parekh	0	0	0	0	0	0
Daniel Kanak	0	0	0	0	0	0
Amarjit Singh Batra	0	0	0	0	0	0
Kenneth Wilson	0	0	0	0	0	0
Aman Kumar	0	0	0	0	0	0
Isaac Lau	0	0	0	0	0	0
Other People	0.04%	11.1Cr	0	0	0	0
ESOP Pool	5.66%	1,510Cr	43741	13268	77001	59663
Total	100.00%	26,800Cr	8612806	5134651	9524155	8997011

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of Rapido's Shareholding

Rapido has acquired 3 companies including vahananalytics.com, VahAnalytics and Getbike. Rapido has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 19, 2019	Acquisition	vahananalytics.com		Mumbai (India)
Aug 19, 2019	Acquisition	VahAnalytics	2016	Mumbai (India)
May 23, 2018	Acquisition	Getbike	2016	Hyderabad (India)