Rapido is an Indian ride-hailing service that primarily focuses on bike taxis. Founded in 2015 by Rishikesh S. R., Aravind Sanka, and Pavan Guntupalli, it offers an alternative to traditional taxi services by leveraging two-wheelers. With its headquarters in Bengaluru, Rapido operates in over 100 Indian cities, providing efficient, cost-effective transport solutions. Rapido has secured funding from multiple investors and aims to make urban commuting easier and more sustainable.
Meaning and history
Founded in 2015 by Rishikesh S. R., Aravind Sanka, and Pavan Guntupalli, Rapido is an Indian-based company offering bike taxi services. It came as a unique transport solution, utilizing motorcycles to provide swift and affordable rides. Operating out of its Bengaluru headquarters, Rapido has successfully expanded to over 100 cities across India. The company has seen significant growth over the years, securing numerous funding rounds from various investors, including Nexus Venture Partners and Westbridge Capital. Among its notable achievements, Rapido has amassed millions of app downloads and completed countless rides, establishing itself as a leading player in India’s urban mobility landscape. Rapido was striving to make inroads into other forms of transportation and was focusing on sustainable commuting options.
What is Rapido?
Rapido is an Indian ride-hailing company specializing in bike taxi services. Founded in 2015 and headquartered in Bengaluru, it offers an affordable and efficient transportation alternative in over 100 cities across India. The company has received multiple rounds of investment and aims to revolutionize urban mobility.