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   How much is Rapido worth?

   • Rapido recently joined the Unicorn Club in July 2024, with a $120 million investment from WestBridge Capital at a valuation of $1 billion. Read the Rapido success story, about its founders, startup story, valuation, tagline, business model, revenue model, and more below, and learn more unknown facts about the company.

   Rapido Success Story | Valuation | Funding | Unicorn - StartupTalky

   startuptalky.com/rapido-success-story/

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   Why did Rapido raise $120 million?

   • The 8-year-old firm has raised $120 million in a new funding round led by WestBridge Capital, according to a regulatory filing. The new capital, a Series E infusion, underscores Rapido’s growing prominence in India’s mobility sector where it has emerged as a formidable challenger to the long-standing duopoly of Uber and Ola.

   India’s Rapido becomes a unicorn with fresh $120M funding

   techcrunch.com/2024/07/29/indias-rapido-becomes-unicorn-with-fresh-120-million-funding/

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   Is Rapido a cab-hailing company?

   • Rapido has also forayed into cab-hailing services, essentially becoming a full-stack ride-hailing firm. Started by Arvind Sanka, Pavan G and Rishikesh SR in 2015, Rapido has raised $329 million in funding prior to the latest round. Nexus Venture Partners and Integrated Capital are among its other investors.

   Rapido funding: Rapido rolls into the unicorn club with $120 million

   economictimes.indiatimes.com/tech/startups/ride-hailing-platform-rapido-raises-120-million-from-westbridge-capital-turns-unicorn/articleshow/112112693.cms

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   Who founded Rapido?

   • Not only this, Rapido has also generated more than 5 lakh jobs and is used by more than 10 million users. Two men established Ola (Bhavish Aggarwal and Ankit Bhati) and Uber (Travis Kalanick and Garrett Camp), respectively. However, in Rapido's story, three youngsters, Pavan Guntupalli, Rishikesh SR, and Aravind Sanka, joined hands and founded it.

   Rapido's Success Story: How Pavan Guntupalli ... - BollywoodShaadis

   www.bollywoodshaadis.com/articles/rapido-success-story-founders-pavan-guntupalli-aravind-sanka-rishikesh-sr-unicorn-55996

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2. en.wikipedia.org › wiki › Rapido_(company)Rapido (company) - Wikipedia

   en.wikipedia.org › wiki › Rapido_(company)

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   Rapido is an Indian ride-hailing service, which primarily operates as a bike taxi aggregator. Its offerings also include auto rickshaw and taxicab hailing, parcel delivery , and third-party logistics services. [ 3 ]

3. startuptalky.com › rapido-success-storyRapido Success Story | Valuation | Funding | Unicorn ...

   startuptalky.com › rapido-success-story

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   Sep 5, 2024 · Rapido is a Bangalore-based Indian online bike taxi aggregator, which was founded in the year 2015. It operates in 100+ cities across the country and also travels to various places in and around them. It has got more than 15000 registered riders a day. Rapido - Industry. The bike taxi market in India was last valued at $50.5 million in 2021.

   • Founded: November 2015
   • Sector: Mobility Tech

   • Headquarters: Bengaluru, Karnataka, India

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5. www.bollywoodshaadis.com › articles › rapido-successRapido's Success Story: How Pavan Guntupalli, Aravind Sanka ...

   www.bollywoodshaadis.com › articles › rapido-success

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   Sep 7, 2024 · Rapido is the fourth Indian company to become a unicorn in 2024 after Perfios (fintech startup), Krutrim (India's first AI unicorn), and Porter (transportation company). Returning to Rapido's incredible success, it operates in 100 cities across India.

6. techcrunch.com › 2024/07/29 › indias-rapido-becomesIndia’s Rapido becomes a unicorn with fresh $120M funding

   techcrunch.com › 2024/07/29 › indias-rapido-becomes

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   Jul 29, 2024 · Bike-taxi startup Rapido is the latest Indian startup to become a unicorn, meaning it reached $1 billion in valuation. The 8-year-old firm has raised $120 million in a new funding round led...

7. rapido.bikeRapido Bike Taxi - India’s largest bike taxi app

   rapido.bike

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   Rapido Bike Taxi - India’s largest bike taxi app. Know Us Better. We have crossed 10 million happy customers and 100 million rides. Rapido is here to revolutionize intra-city travel as we bring you redefined comfort & convenience with our disruptive service model. Read more here. Our Impact.

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8. economictimes.indiatimes.com › tech › startupsRapido rolls into the unicorn club with $120 million from ...

   economictimes.indiatimes.com › tech › startups

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   Jul 29, 2024 · Rapido is the third unicorn to be minted this year after Perfios and Ola founder Bhavish Aggarwal’s Krutrim AI turned unicorns earlier this year. In 2023, there were only two new unicorns—Zepto and InCred Wealth–underscoring the funding squeeze in private financing markets.

9. www.hindustantimes.com › business › rapido-becomesRapido becomes unicorn with $120 million fresh funding from ...

   www.hindustantimes.com › business › rapido-becomes

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   Rapido has become a unicorn as the ride-hailing startup raised around $120 million ( ₹ 1,000 crore) in its latest Series E funding round led by its existing investor WestBridge Capital....