Tag: Rapido

Rapido raised $240 million to expand its market presence, competing with Uber and Ola in the ride-hailing sector.

Rapido raises $240M led by Prosus to expand in new markets and strengthen its technology infrastructure.

India’s Bharat Taxi sees strong adoption with 2.73M downloads, but higher fares raise user concerns.

The Karnataka High Court lifted the ban on bike taxis, allowing platforms like Rapido, Ola, and Uber to resume.

Mobility firm Rapido reported 44% revenue growth to Rs 934 crore, narrowing its losses amid rising competition.

TVS Motor Company to divest stake in Rapido for Rs 287.93 crore, marking a complete exit from investment.

Swiggy announced the sale of its stake in Rapido for Rs 2,399.5 crore, securing over a 2.3X return.

Uber's Khosrowshahi sees Rapido as India's main rival, praising its subscription model for drivers.

Rapido has launched its food delivery app Ownly in select Bengaluru neighborhoods amid pilot challenges.

The new Motor Vehicle Aggregator Guidelines 2025 allow surge pricing and support bike-taxi services.