Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
18 May, 2026, 07.49 AM IST
Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
15 May, 2026, 08.09 PM IST
Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...
15 May, 2026, 03.32 PM IST
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
12 May, 2026, 08.55 PM IST
Swiggy Q4 revenue surges 45%, net loss narrows to Rs 800 croreSwiggy's operating revenue surged 45% to Rs 6,383 crore in Q4, with net loss narrowing to Rs 800 crore. The company is balancing growth and...
09 May, 2026, 12.02 AM IST
Ola Consumer's FY25 revenue drops 42%, losses widen, as company begins prep for IPOOla Consumer is moving ahead with its IPO plans. However, its recent financial reports show a significant drop in revenue and a doubling of...
07 May, 2026, 10.37 PM IST
US-based Accel Leaders Fund may join Rapido’s $600 million round: SourcesAlong with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary comp...
12 Mar, 2026, 06.49 PM IST
Rapido FY25 revenue jumps 44% to Rs 934 crore, loss narrows 30% to Rs 258 croreBengaluru-based Rapido's net loss for FY25 came in at Rs 258 crore, down 30% from the year ended March 2024. This was mainly on a marked im...
21 Jan, 2026, 10.45 AM IST
Rapido leads India’s mobility market, says Prosus CEO Fabricio BloisiBengaluru's Rapido has emerged as India's top mobility player, according to Prosus CEO Fabricio Bloisi. The Dutch investor, increasing its ...
24 Nov, 2025, 02.46 PM IST
Rapido launches travel section; partners with Goibibo, ConfirmTkt, RedBusWith this, the ride-hailing major is positioning itself as a one-stop solution for digital travel users, combining daily mobility with trav...
19 Oct, 2025, 02.26 PM IST
Nexus Venture to invest Rs 125 crore in Rapido ahead of food delivery launchRapido is also chalking out plans to enter the insurance distribution space where it could target its driver partners and customers for pro...
09 Jun, 2025, 07.25 PM IST
Bike taxi startup Rapido raises Rs 250 crore from ProsusThis funding infusion is an extension of Rapido's Series E round, during which it raised $200 million, led by WestBridge Capital. Prosus jo...
12 Feb, 2025, 03.41 PM IST
Rapido goes past $1 billion GMV markRapido, which launched as a bike-taxi platform, has crossed a gross merchandise value (GMV) of $1 billion on the back of aggressive expansi...
09 Aug, 2024, 06.00 AM IST
Rapido rolls into the unicorn club with $120 million from WestBridgeRapido has so far raised $329 million in funding. A US-based family office and a UK-based fund are eyeing stakes in the company. The ride-h...
30 Jul, 2024, 09.27 AM IST
Rapido posts wider FY23 loss, threefold growth in revenueRapido competes with the likes of Ola, Uber, Blusmart, Indrive, Shoffr and Namma Yatri in the Indian ride-hailing space. In FY23, Ola Cabs'...
14 Jan, 2024, 09.15 PM IST
In bizarre bike snatching, Rapido Captain left stranded as customer speeds awayA Rapido bike rider, referred to as a Captain, has lodged a complaint with the Panjagutta police in Hyderabad, asserting that a customer wh...
09 Dec, 2023, 02.05 PM IST
Rapido losses more than double to Rs 439 cr over higher salaries, marketing expensesThe Bengaluru-based company’s losses rose 2.6 times to Rs 439 crore from Rs 166 crore as it hired more employees and spent more on marketin...
25 Jan, 2023, 06.21 PM IST