# Rapido

**Source:** https://www.startuphub.ai/startups/rapido
**Profile type:** Startup

> India's largest hyperlocal delivery and on-demand service platform, focusing on bike taxis and logistics.

## About

Rapido is a leading Indian mobility and logistics company that offers on-demand services, primarily through its bike taxi platform. It connects riders with drivers for quick and affordable local travel, and also provides delivery services for businesses and individuals. Rapido aims to solve the last-mile connectivity problem in urban India.

## Key facts

- **Slug:** rapido
- **Website:** https://rapido.bike/
- **Location:** Bengaluru, India
- **Founded:** 2015-01-01
- **Operating status:** Active
- **Total funding:** $389M
- **Sectors / tags:** Ride-sharing, Logistics, Delivery Services, On-demand Services, Mobility, Last-mile Delivery, Gig Economy
- **Social:**
  - Facebook: https://www.facebook.com/tr

## Frequently asked

### What does Rapido do?

Rapido is a leading Indian mobility and logistics company that offers on-demand services, primarily through its bike taxi platform. It connects riders with drivers for quick and affordable local travel, and also provides delivery services for businesses and individuals. Rapido aims to solve the last-mile connectivity problem in urban India.

### What is Rapido's valuation?

StartupHub estimates Rapido's effective valuation at $2.9B (range $2.0B to $3.8B, 39% confidence), based on comparable companies in the sector.

### How much funding has Rapido raised?

Rapido has raised a total of $389M in funding. The most recent round on record is Growth.

### Where is Rapido headquartered?

Rapido is headquartered in Bengaluru, India.

### When was Rapido founded?

Rapido was founded in 2015.

### What industry does Rapido operate in?

Rapido operates in Ride-sharing, Logistics, Delivery Services, On-demand Services, Mobility, Last-mile Delivery.

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