Amount Raised
$180 Million
Round Type
Funding Round
BengaluruTransportationDescription
Swiggy has led a $180 million financing round into bike taxi startup Rapido as the Indian food delivery giant looks to broaden its fleet network across the country, the two firms said on Friday.
Quick answer
Rapido raised $180 Million in a Funding Round round, dated April 15, 2022. Rapido is based in Bengaluru, Karnataka, India.
- How much did Rapido raise?
- Rapido raised $180 Million in a Funding Round round on April 15, 2022.
- What does Rapido do?
- The rapid scaling of quick commerce and hyperlocal delivery has further driven Rapido’s expansion into on-demand logistics with Rapido Local and Rapido Store, the company said in a prepared statement.
- Where is Rapido based and how big is it?
- Rapido is based in Bengaluru, Karnataka, India.
- Who are the decision-makers at Rapido?
- Fundz holds 1 contact at Rapido. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation around the same time
Companies in the same sectors as Rapido that raised within 45 days of this round, from Fundz verified event records.
- ESR raised $221M (Debt Financing) on May 24, 2022.
- BluSmart Mobility raised $25M (Funding Round) on May 24, 2022.
- Structural Technologies raised $300K (Seed) on May 23, 2022.
- Sylndr raised $13M (Pre-Seed) on May 23, 2022.
- Charge Lab raised $15M (Funding Round) on May 19, 2022.
- Pipedream raised $20M (Funding Round) on May 17, 2022.
Who to call at Rapido, and when
A new round usually means Rapido is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Rapido raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Rapido, from your own LinkedIn network
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Fundz sees it the moment Rapido raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Rapido raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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