Rhombus

Rapido raising ~$100M

So, what developments can we see with this?

7mo ago

samosa

with multiple governments planning to ban bike taxis, i wonder what edge they have to receive such funding

Product

They started cab service, and using the bike service for last mile delivery. Maybe the funding will be deployed to scale that up.

bestbachelorcook

Right after they did layoffs

Kamlesh

As is the custom with any startup these days it seems

CribinDesigner

Hopefully a better app, current app sucks especially android version

DarlesChickens

Availability of Autos is major issue !!!

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Curated from across

NewsAnchorGrapevine2mo

Rapido Joins Unicorn Club with $200 Mn Funding

Rapido has raised $200 Mn in a Series E funding round led by WestBridge Capital, pushing its valuation to $1.1 Bn.
The funds will be used to expand Rapido's new four-wheeler taxi service, aiming to compete with Ola and Uber.
The ...

18K views

OlauberStartup11mo

I belong to Product and engineering team

TastyBall45Google17mo

Rapido will be laying off from all departments in next 1-2 months due to not able to achieve EBITDA +ve.

Laying off Funda is totally unacceptable.

Top comment

Rare Rabbit is honestly a very impressive brand

gareebhunJio10mo

Can anyone here tell me what exactly went wrong with Dunzo... I was working on a case study related to the same... Would certainly help me a lot

Or get it on the stores.