Amount Raised
$52 Million
Round Type
Funding Round
BengaluruTransportationDescription
Bengaluru: Rapido, a bike taxi platform, has raised $52 million in its latest funding round that saw participation of new investors including Shell Ventures, Yamaha India, Cred founder Kunal Shah and Amarjit Singh Batra, chief executive officer of Spotify India and Positive Moves Consulting.
Quick answer
Rapido raised $52 Million in a Funding Round round, dated August 16, 2021. Rapido is based in Bengaluru, Karnataka, India.
- How much did Rapido raise?
- Rapido raised $52 Million in a Funding Round round on August 16, 2021.
- 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.
- BluSmart Mobility raised $25M (Funding Round) on September 30, 2021.
- Ola Electric raised $200M (Funding Round) on September 30, 2021.
- Luokung Technology raised $33M (Post-IPO Equity) on September 20, 2021.
- AutoSled raised $2.5M (Seed) on September 16, 2021.
- Blume Global raised an undisclosed amount on September 16, 2021.
- Stord raised $90M (Series D) on September 14, 2021.
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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