Rapido’s ₹1,000 Cr Ride: From Startup Streets to Unicorn Heights
India’s bike-taxi giant Rapido has entered the ₹1,000 crore club, raising $120 million in a Series E round led by WestBridge Capital—pushing its valuation past $1 billion. Founded in 2015, Rapido has grown from a two-wheeler ride-sharing app into a national mobility leader operating across 120+ cities with 3.6 million daily rides.