Monday, 06 July 2026India Venture Review · Vol. I · 2026Live · ₹4,200 Cr tracked this quarter
Logistics · Bengaluru
Rapido
Bike-taxi & mobility
Stage
Series E
Total funding
$320M
₹2.66K Cr
Founded
2015
HQ
Bengaluru
The biography of a startup, told through capital
Funding Journey
From founding to today
6 rounds · $320M raised over 10.3 yrs
Founded 2015
Latest · 17 Apr 2026
First institutional cheque
$5M
Seed
Jan 2016
Start
Product-market fit
$10M
Series A
Jun 2018
$23M
Series B
Nov 2020
$51M
Series C
May 2022
$111M
Series D
Oct 2024
Expansion funding
$120M
Series E
Apr 2026
Today
Capital growth
How Rapido scaled, in capital raised
Cumulative · USD
Funding Intelligence
Largest round
$120M
Series E · 2026
Most active lead
Lightspeed India
2 rounds led
Capital growth
$5M → $320M
Cumulative raised
First → latest
10.3 yrs
2016 → 2026
Avg. between rounds
25 mo
Pace of fundraising
Total rounds
6
Seed to today
Every cheque, on record
All Funding Rounds
Showing 6 of 6 roundsTotal raised · $320M
- 17 Apr 2026Series E$120M₹996 Cr
- 02 Oct 2024Series D$111M₹921 Cr
- 22 May 2022Series C$51M₹423 Cr
- 15 Nov 2020Series B$23M₹191 Cr
- 08 Jun 2018Series A$10M₹83 Cr
- 01 Jan 2016Seed$5M₹42 Cr
Why it matters
Startup Intelligence
- What they do
- Rapido is a Logistics company headquartered in Bengaluru, focused on bike-taxi & mobility.
- Problem solved
- Tackling structural inefficiency in India's logistics value chain.
- Why investors care
- Strong Series E traction, India-first distribution, and capital efficiency.
- What to watch next
- Expansion of ARR, geographic reach beyond Bengaluru, and upcoming round signals.
In the press
News & Articles
- The Economic Times12 Jun 2026Rapido eyes 2x ARR growth as it doubles down on logistics expansion
Founders outline the next 18-month roadmap and hiring plans across Bengaluru and beyond.
- Inc4204 May 2026Inside Rapido's playbook: how it built a defensible moat in Indian logistics
A deep-dive into product strategy, GTM motion, and how investors evaluate the next milestone.
- YourStory21 Mar 2026Rapido hires senior leadership ahead of the next funding round
New CXO appointments signal scale-up ambitions and operational maturity.
- Moneycontrol08 Feb 2026Analyst view: why Rapido is one to watch in Logistics
Sector benchmarks, comparable multiples, and what could drive the next valuation step-up.