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Rapido valuation, funding and investors

Rapido works in transportation services, based in Hyderabad, India. Founded in 2015, it has about 5,860 employees.

Taxicabs Growth Equity
VALUATION · TODAY
$3.15B +6% after Growth
Range $2.61B – $3.85B · Grade A
TODAY
+12 MO
$1.00B
$2.00B
$3.00B
$4.00B
$5.00B
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $11.2M
Series E $200M
Growth $240M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY5,861 employees
+11%6m growth
+31%1y growth
+83%2y growth
2,500
5,000
7,500
Data from Jan 2021
TODAY
Predicted in 1 yr $3.35B +6% vs today
Predicted next raise $346M if a round comes
Winding-down probability 0%
Last round
Growth · $240M · May 2026
Valuation at last round
$3.00B
Headcount
5,861 · growing
Grade
A
Founded
2015
How VCMC values companies →

Rapido valuation today

VCMC values Rapido at $3.1B today, with a range of $2.6B to $3.8B and a grade of A. The valuation starts from its last funding round, a growth round in May 2026.

Valuation by date (146 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Rapido: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2015$2.22M$0.81M – $6.09M$2.32M (+5%)before first round–unknownD0%
1 Feb 2015$2.23M$0.81M – $6.11M$2.33M (+5%)before first round–unknownD0%
1 Mar 2015$2.23M$0.81M – $6.14M$2.34M (+5%)before first round–unknownD0%
1 Apr 2015$2.24M$0.82M – $6.16M$2.35M (+5%)before first round–unknownD0%
1 May 2015$2.25M$0.82M – $6.18M$2.36M (+5%)before first round–unknownD0%
1 Jun 2015$2.26M$0.82M – $6.21M$2.37M (+5%)before first round–unknownD0%
1 Jul 2015$2.27M$0.83M – $6.23M$2.38M (+5%)before first round–unknownD0%
1 Aug 2015$2.28M$0.83M – $6.26M$2.44M (+7%)before first round–unknownD0%
1 Sep 2015$2.29M$0.83M – $6.28M$2.51M (+10%)before first round–unknownD0%
1 Oct 2015$2.30M$0.84M – $6.31M$2.57M (+12%)before first round–unknownD0%
1 Nov 2015$2.30M$0.84M – $6.33M$2.64M (+15%)before first round–unknownD0%
1 Dec 2015$2.31M$0.84M – $6.36M$2.71M (+17%)before first round–unknownD0%
1 Jan 2016$2.32M$0.85M – $6.38M$2.78M (+20%)before first round–unknownD0%
1 Feb 2016$2.33M$0.85M – $6.41M$2.86M (+23%)before first round–unknownD0%
1 Mar 2016$2.34M$0.85M – $6.43M$2.93M (+25%)before first round–unknownD0%
1 Apr 2016$2.35M$0.86M – $6.46M$3.01M (+28%)before first round–unknownD0%
1 May 2016$2.36M$0.86M – $6.48M$3.09M (+31%)before first round–unknownD0%
1 Jun 2016$2.37M$0.86M – $6.51M$3.18M (+34%)before first round–unknownD0%
1 Jul 2016$2.38M$0.87M – $6.53M$3.26M (+37%)before first round–unknownD0%
1 Aug 2016$2.44M$0.89M – $6.71M$3.35M (+37%)before first round–unknownD0%
1 Sep 2016$2.51M$0.91M – $6.89M$3.44M (+37%)before first round–unknownD0%
1 Oct 2016$2.57M$0.94M – $7.07M$3.53M (+37%)before first round–unknownD0%
1 Nov 2016$2.64M$0.96M – $7.26M$3.62M (+37%)before first round–unknownD0%
1 Dec 2016$2.71M$0.99M – $7.45M$3.72M (+37%)before first round–unknownD0%
1 Jan 2017$2.78M$1.01M – $7.65M$3.82M (+37%)before first round–unknownD0%
1 Feb 2017$2.86M$1.04M – $7.86M$3.92M (+37%)before first round–unknownD0%
1 Mar 2017$2.93M$1.07M – $8.05M$4.02M (+37%)before first round–unknownD0%
1 Apr 2017$3.01M$1.10M – $8.27M$4.13M (+37%)before first round–unknownD0%
1 May 2017$3.09M$1.12M – $8.48M$4.23M (+37%)before first round–unknownD0%
1 Jun 2017$3.17M$1.15M – $8.71M$4.35M (+37%)before first round–unknownD0%
1 Jul 2017$3.26M$1.19M – $8.94M$4.46M (+37%)before first round–unknownD0%
1 Aug 2017$3.34M$1.22M – $9.19M$4.58M (+37%)before first round–unknownD0%
1 Sep 2017$3.43M$1.25M – $9.44M$4.71M (+37%)before first round–unknownD0%
1 Oct 2017$3.53M$1.28M – $9.68M$4.83M (+37%)before first round–unknownD0%
1 Nov 2017$3.62M$1.32M – $9.95M$4.96M (+37%)before first round–unknownD0%
1 Dec 2017$3.72M$1.35M – $10.2M$5.09M (+37%)before first round–unknownD0%
1 Jan 2018$3.82M$1.39M – $10.5M$5.23M (+37%)before first round–unknownD0%
1 Feb 2018$3.92M$1.43M – $10.8M$5.38M (+37%)before first round–unknownD0%
1 Mar 2018$4.02M$1.46M – $11.0M$5.51M (+37%)before first round–unknownD0%
1 Apr 2018$4.13M$1.50M – $11.3M$5.66M (+37%)before first round–unknownD0%
1 May 2018$4.23M$1.54M – $11.6M$5.81M (+37%)before first round–unknownD0%
1 Jun 2018$4.35M$1.58M – $11.9M$5.96M (+37%)before first round–unknownD0%
1 Jul 2018$4.46M$1.62M – $12.3M$6.12M (+37%)before first round–unknownD0%
1 Aug 2018$4.58M$1.67M – $12.6M$6.18M (+35%)before first round–unknownD0%
1 Sep 2018$4.71M$1.71M – $12.9M$6.24M (+32%)before first round–unknownD0%
1 Oct 2018$4.83M$1.76M – $13.3M$6.29M (+30%)before first round–unknownD0%
1 Nov 2018$4.96M$1.81M – $13.6M$6.35M (+28%)before first round–unknownD0%
1 Dec 2018$5.09M$1.85M – $14.0M$6.41M (+26%)before first round–unknownD0%
1 Jan 2019$5.23M$1.91M – $14.4M$6.47M (+24%)before first round–unknownD0%
1 Feb 2019$5.38M$1.96M – $14.8M$6.53M (+21%)before first round–unknownD0%
1 Mar 2019$5.51M$2.01M – $15.1M$6.58M (+19%)before first round–unknownD0%
1 Apr 2019$57.0M$49.6M – $118M$103M (+80%)after a round–unknownB0%
2 Apr 2019$57.1M$49.6M – $118M$103M (+80%)after a round–unknownB0%
1 May 2019$59.8M$49.6M – $118M$103M (+72%)after a round–unknownB0%
1 Jun 2019$62.9M$49.6M – $118M$103M (+63%)after a round–unknownB0%
1 Jul 2019$66.0M$49.6M – $118M$103M (+55%)after a round–unknownB0%
1 Aug 2019$69.4M$49.6M – $118M$103M (+48%)after a round–unknownB0%
1 Sep 2019$72.9M$49.6M – $118M$103M (+41%)after a round–unknownB0%
1 Oct 2019$76.5M$49.6M – $118M$103M (+34%)after a round–unknownB0%
1 Nov 2019$80.4M$49.6M – $118M$103M (+28%)after a round–unknownB0%
1 Dec 2019$84.4M$49.6M – $118M$103M (+22%)after a round–unknownB0%
1 Jan 2020$88.7M$49.6M – $118M$103M (+16%)after a round–unknownB0%
1 Feb 2020$93.3M$49.6M – $118M$103M (+10%)after a round–unknownB0%
1 Mar 2020$97.7M$49.6M – $118M$103M (+5%)after a round–unknownB0%
1 Apr 2020$103M$49.5M – $118M$103M (0%)after a round–unknownB0%
1 May 2020$103M$47.1M – $118M$103M (0%)after a round–unknownB0%
1 Jun 2020$103M$44.8M – $118M$103M (0%)after a round–unknownB0%
1 Jul 2020$103M$42.6M – $118M$103M (0%)after a round–unknownB0%
1 Aug 2020$103M$40.5M – $118M$103M (0%)after a round–unknownB0%
1 Sep 2020$103M$38.5M – $118M$103M (0%)after a round–unknownB0%
1 Oct 2020$103M$36.6M – $118M$103M (0%)after a round–unknownB0%
1 Nov 2020$103M$34.8M – $118M$103M (0%)after a round–unknownC0%
1 Dec 2020$103M$33.1M – $118M$103M (0%)after a round–unknownC0%
1 Jan 2021$103M$31.5M – $118M$103M (0%)after a round950unknownC0%
1 Feb 2021$103M$29.9M – $118M$103M (0%)after a round950unknownC0%
1 Mar 2021$103M$28.6M – $118M$103M (0%)after a round950unknownC0%
1 Apr 2021$103M$27.2M – $118M$103M (0%)after a round950flatC0%
1 May 2021$103M$25.9M – $118M$102M (-1%)after a round950flatC0%
1 Jun 2021$103M$24.6M – $118M$101M (-2%)after a round950flatC0%
1 Jul 2021$103M$23.4M – $118M$100M (-2%)after a round950flatC0%
1 Aug 2021$103M$22.2M – $118M$99.2M (-3%)after a round950flatC0%
1 Sep 2021$103M$21.1M – $118M$98.4M (-4%)after a round950flatC0%
1 Oct 2021$103M$20.1M – $118M$97.6M (-5%)after a round950flatC0%
1 Nov 2021$103M$19.1M – $118M$96.7M (-6%)after a round950flatC0%
1 Dec 2021$103M$18.2M – $118M$96.0M (-6%)after a round950flatC0%
1 Jan 2022$103M$17.3M – $118M$95.1M (-7%)after a round950flatC0%
1 Feb 2022$103M$16.4M – $118M$94.3M (-8%)after a round950flatC0%
1 Mar 2022$103M$15.7M – $118M$93.6M (-9%)after a round950flatD0%
1 Apr 2022$103M$45.7M – $118M$103M (0%)after a round1,800growingB0%
1 May 2022$103M$44.9M – $118M$103M (0%)after a round1,800growingB0%
1 Jun 2022$103M$44.1M – $118M$103M (0%)after a round1,800growingB0%
1 Jul 2022$103M$43.3M – $118M$103M (0%)after a round1,800growingB0%
1 Aug 2022$103M$42.4M – $118M$103M (0%)after a round1,800growingB0%
1 Sep 2022$103M$41.6M – $118M$103M (0%)after a round1,800growingB0%
1 Oct 2022$103M$40.9M – $118M$103M (0%)after a round1,800growingB0%
1 Nov 2022$103M$10.5M – $118M$103M (0%)after a round1,800unknownD0%
1 Dec 2022$103M$9.99M – $118M$103M (0%)after a round1,800unknownD0%
1 Jan 2023$103M$9.50M – $118M$103M (0%)after a round1,800unknownD0%
1 Feb 2023$103M$9.02M – $118M$103M (0%)after a round1,800unknownD0%
1 Mar 2023$103M$8.62M – $118M$103M (0%)after a round1,800unknownD0%
1 Apr 2023$103M$37.1M – $118M$103M (0%)after a round2,500growingB0%
1 May 2023$103M$36.4M – $118M$103M (0%)after a round2,500growingB0%
1 Jun 2023$103M$35.7M – $118M$103M (0%)after a round2,500growingB0%
1 Jul 2023$103M$35.1M – $118M$103M (0%)after a round2,500growingC0%
1 Aug 2023$103M$34.4M – $118M$103M (0%)after a round2,500growingC0%
1 Sep 2023$103M$33.8M – $118M$103M (0%)after a round2,500growingC0%
1 Oct 2023$103M$33.2M – $118M$103M (0%)after a round2,800growingC0%
1 Nov 2023$93.0M$9.21M – $107M$87.4M (-6%)after a round2,800upD0%
1 Dec 2023$92.5M$8.84M – $106M$86.9M (-6%)after a round2,800upD0%
1 Jan 2024$92.0M$8.47M – $106M$86.4M (-6%)after a round2,800upD0%
1 Feb 2024$91.5M$8.12M – $105M$86.0M (-6%)after a round2,800upD0%
1 Mar 2024$95.2M$8.12M – $110M$91.6M (-4%)after a round3,000upD0%
1 Apr 2024$94.9M$8.12M – $109M$91.3M (-4%)after a round3,000upD0%
1 May 2024$94.6M$8.12M – $109M$91.0M (-4%)after a round3,000upD0%
1 Jun 2024$94.3M$8.12M – $108M$90.7M (-4%)after a round3,000upD0%
1 Jul 2024$98.4M$8.12M – $113M$96.5M (-2%)after a round3,200upD0%
1 Aug 2024$98.6M$8.12M – $113M$97.0M (-2%)after a round3,200upD0%
1 Sep 2024$98.5M$8.12M – $113M$96.8M (-2%)after a round3,200upD0%
6 Sep 2024$1.1B$956M – $1.6B$1.4B (+30%)after a round3,200upA0%
1 Oct 2024$1.1B$956M – $1.6B$1.4B (+28%)after a round3,200upA0%
1 Nov 2024$1.1B$956M – $1.7B$1.5B (+27%)after a round3,500upA0%
1 Dec 2024$1.2B$956M – $1.7B$1.5B (+24%)after a round3,500upA0%
1 Jan 2025$1.2B$956M – $1.7B$1.5B (+21%)after a round3,500upA0%
1 Feb 2025$1.2B$956M – $1.7B$1.5B (+18%)after a round3,500upA0%
1 Mar 2025$1.3B$956M – $1.7B$1.5B (+16%)after a round3,500upA0%
1 Apr 2025$1.3B$956M – $1.7B$1.5B (+13%)after a round3,500upA0%
1 May 2025$1.3B$956M – $1.7B$1.5B (+10%)after a round3,500upA0%
1 Jun 2025$1.4B$956M – $1.7B$1.5B (+9%)after a round4,181growingB0%
1 Jul 2025$1.4B$956M – $1.8B$1.5B (+6%)after a round4,370growingB0%
1 Aug 2025$1.5B$956M – $1.8B$1.5B (+3%)after a round4,489growingB0%
1 Sep 2025$1.5B$956M – $1.8B$1.5B (0%)after a round4,489growingB0%
1 Oct 2025$1.5B$966M – $1.8B$1.5B (0%)after a round4,489growingB0%
1 Nov 2025$1.6B$979M – $1.8B$1.6B (0%)after a round4,732growingB0%
1 Dec 2025$1.6B$992M – $1.8B$1.6B (0%)after a round4,732growingA0%
1 Jan 2026$1.6B$1.0B – $1.8B$1.6B (0%)after a round4,732growingA0%
1 Feb 2026$1.6B$1.0B – $1.8B$1.6B (0%)after a round4,732growingA0%
1 Mar 2026$1.6B$1.0B – $1.8B$1.6B (0%)after a round4,732growingA0%
1 Apr 2026$1.6B$1.1B – $1.8B$1.6B (0%)after a round5,292growingA0%
1 May 2026$1.6B$1.1B – $1.8B$1.6B (0%)after a round5,292growingA0%
16 May 2026$3.0B$2.6B – $3.8B$3.3B (+10%)after a round5,292upA0%
1 Jun 2026$3.0B$2.6B – $3.8B$3.3B (+10%)after a round5,292upA0%
1 Jul 2026$3.0B$2.6B – $3.8B$3.3B (+9%)after a round5,502upA0%
1 Aug 2026$3.1B$2.6B – $3.8B$3.3B (+8%)after a round5,502upA0%
1 Sep 2026$3.1B$2.6B – $3.8B$3.3B (+7%)after a round5,502upA0%
1 Oct 2026$3.1B$2.6B – $3.8B$3.3B (+7%)after a round5,861growingA0%
24 Oct 2026$3.1B$2.6B – $3.8B$3.3B (+6%)after a round5,861growingA0%

Key facts about Rapido

Founded
2015
Headquarters
Hyderabad, India
Employees
about 5,860 +24% in a year
Total raised
$451M
Funding rounds
3
Last round
Growth Equity May 2026

Rapido was founded in 2015 by Aravind Sanka, Pavan Guntupalli and Rishikesh S R.

Rapido funding history

Rapido has 3 funding rounds on record, from Apr 2019 to May 2026, $451M in total. The latest disclosed valuation is $3.00B post-money (Growth Equity, May 2026).

  1. Growth Equity 15 May 2026

    Led by Prosus; with WestBridge Capital, Accel.

    Sources: techcrunch.com, prosus.com

    $240M

    $3.00B post-money

  2. Series E 5 Sep 2024

    Led by WestBridge Capital; with Nexus Venture Partners, Think Investments, Invus.

    Sources: entrackr.com, newindianexpress.com, yourstory.com and 5 more

    $200M

    $1.10B post-money

  3. Series A 1 Apr 2019

    Led by Nexus Venture Partners; with Integrated Capital, Karina Choudhrie, Skycatcher, Ka Wing Kevin Kwong, Nordic Capital, Timothy Ting Fai Wong.

    Sources: globenewswire.com

    $11M

    $57M post-money

Rapido investors

12 investors have backed Rapido; Nexus Venture Partners, WestBridge Capital and Prosus led at least one round.

  • Prosus lead
  • Accel
  • Invus
  • Ka Wing Kevin Kwong
  • Karina Choudhrie
  • Timothy Ting Fai Wong

What Rapido does

Rapido works in taxicabs, with 12 recorded offerings and customers in transportation and food and beverage.

Roppen Transportation Services Private Limited, known as Rapido, is an Indian private company engaged in transportation services, including bike-taxi, auto, and cab services, as well as parcel and food and grocery delivery. The company operates in over 150 cities across India and provides a technology-based Software-as-a-Service platform for lead generation and user experience. Rapido also offers employee travel management solutions for organizations, including cashless rides, consolidated expense statements, and travel tracking. The company serves both individual and corporate clients and is committed to sustainability.

Description from Veridion's company data.

Products and services

  • Transportation Services
  • Bike-Taxi Transportation Services
  • Auto Transportation Services
  • Cab Transportation Services
  • Parcel Delivery Services
  • Food and Grocery Delivery Services
  • Employee Travel Management Solutions
  • Captain Lead Generation Services
  • Technology Platform Development
  • Safety Feature Implementation
  • Multilingual Transportation Services
  • Sustainable Transportation Solutions

Markets

  • Transportation
  • Food and Beverage

Business model

  • Business-to-Business
  • Business-to-Consumer
  • On-Demand

Industry codes (NAICS)

  • 485310 Taxi and Ridesharing Services 70% match
  • 492110 Couriers and Express Delivery Services 15% match
  • 492210 Local Messengers and Local Delivery 15% match

Questions about Rapido

What is Rapido worth?

Valuation $3.1B (range $2.6B to $3.8B), as of 24 Oct 2026. The last disclosed valuation was $3.00B (Growth Equity, May 2026).

Has Rapido raised money?

Rapido has 3 funding rounds on record, from Apr 2019 to May 2026, $451M in total. The latest disclosed valuation is $3.00B post-money (Growth Equity, May 2026).

Who has invested in Rapido?

Nexus Venture Partners, WestBridge Capital, Prosus, Accel, Integrated Capital and Invus, and 6 more. Lead investors include Nexus Venture Partners, WestBridge Capital and Prosus.

How many people work at Rapido?

About 5,860, up 24% over the last year. Headcount grew from 950 in Jan 2021 to 5,861 in Sep 2026.

What does Rapido do?

Rapido works in taxicabs, with 12 recorded offerings and customers in transportation and food and beverage. Its main offerings are transportation services, bike-taxi transportation services and auto transportation services.

When was Rapido founded, and where is it based?

Rapido was founded in 2015 and is based in Hyderabad, India. It has about 5,860 employees, up 24% over the last year.