Rapido GOV surges 152% to ₹2,461 cr in Q2
The homegrown bike taxi startup reduced its losses to ₹17 crore for the second quarter from ₹74 crore in the corresponding quarter of the previous year.
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Rapido rides into unicorn club with $200 mn fundraise
Rapido plans to use the fundraise to grow its operations across all categories, including bike-taxis, three-wheelers, and taxi-cabs.
Rapido targets 15-20% of total revenue via cab services by 2025
Rapido, which was founded in 2015, announced its entry into the cab market through a SaaS-based (software-as-a-service) platform on Tuesday.
Amid layoffs, Indian startups raise $12.1 bn during Jan-Apr 2022
A total of 672 venture capital (VC) deals worth $12.1 billion were announced during January-April 2022.
Rapido raises $180 mn in funding round led by Swiggy, TVS Motor
The auto and bike taxi aggregator will use capital to build the team, strengthen tech capabilities, and enhance the consumer experience.
