Rapido Raises Dollar200 Million in Series E Funding Led by WestBridge Capital

Mumbai, 5th September 2024: Rapido, India’s largest ride-sharing platform, has received commitments to the tune of ~$200 million in its Series E funding, marking a significant milestone in its mission to transform shared mobility across the country. The Series E funding round was led by WestBridge Capital, a prominent investment firm focused on investments in …

Rapido applauds Karnataka Government’s decision to withdraw policy on electric Bike Taxis

Bangalore, March 14, 2024: Rapido, a leading bike taxi platform, extends its warm appreciation to the Government of Karnataka for its recent decision to withdraw the electric bike taxi policy, notified in 2021. This significant move reflects the government’s commitment to fostering a conducive environment for innovation and growth within the ride-hailing sector. However, there …