Rapido, formerly known as theKarrier, is an online bike taxi aggregator company that allows you to book a bike ride through a mobile app while traveling solo.
Rapido is a bike taxi service spread widely across all of India from Tier 1 to Tier 3 cities.
Rapido was founded in 2015 by Aravind Sanka, Pavan Guntupalli and SR Rishikesh. The company is based in Bangalore, Karnataka.
Rapido's app allows you to book bike taxis with minimum wait time, maximum safety and is super easy on your pockets.
Rapido is currently present in around 100 cities across the country with over 25 million customers and over 1.5 million driver-partners.
Rapido is backed by Shunwei Capital, WestBridge Capital, Nexus Venture Partners, Shell Ventures, Swiggy, Yamaha, TVS Motor Company, BAce Capital, and others. The company raised $180M in Series D round on Apr 14, 2022. This brings Rapido's total funding to $353.9M to date. The latest round valued the company at a $830M post-money.