Tag: Rapido
TVS Motor Sells Stake in Rapido for ₹288 Crore
TVS Motor Company has exited its investment in bike-taxi platform Rapido by selling its entire shareholding for ₹287.93 crore. The monetisation move comes through...
No More Bike Taxis in Karnataka from June 16
Bengaluru: Ola, Rapido, and Uber will stop all bike taxis in Karnataka starting Monday, June 16, following a court order. The Karnataka High Court...
Rapido to Compete with Zomato, Swiggy in Food Delivery
Rapido, the popular bike taxi and ride-hailing startup based in Bengaluru, is planning to enter the food delivery market in India. The company is...
Rapido Raises Rs 250 Crore in Funding from Prosus
Bengaluru-based ride-hailing startup Rapido has secured Rs 250 crore (about $29.7 million) in fresh funding from Dutch investment firm Prosus. This investment is part...
Rapido Business Model: How Does Brand Earn Money?
Rapido has emerged as one of India’s top bike and auto-taxi services, offering affordable transportation in congested urban areas. Launched in 2015, Rapido connects...
Indian Startups Secure Over $348 Million in Weekly Funding
Indian startups have secured more than $348 million in funding week, marking the second consecutive week of significant growth in the sector. A total...
