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Investors: Rapido has raised $240 million at a $3 billion valuation and is targeting an IPO within two to three years
Investors

Rapido Raises $240M at $3B Valuation, Targets IPO

Rapido has raised $240 million at a $3 billion valuation and is targeting an IPO within two to three years. The mobility unicorn, which began as a bike-taxi platform, now claims 70% of India's bike taxi market and has expanded into autos, cabs, and deliveries.

12 Sep 2026