Rapido order value quadruples to $4B
By Abha Lohia · Editor ·
Rapido: revenue, valuation and funding and every story →
BengaluruFounded 2015
- Rapido is a Bengaluru ride-hailing startup that began with bike taxis and now also delivers food
- Its annualised gross order value (total value of orders placed) passed $4B, four times the level two years ago
- It handles about 8.3 million orders daily, over 95% being rides, after a $240M raise in May
What happened
- Annualised gross order value crossed $4B.
- Scale grew 4x in two years.
- Daily orders average 8.3 million.
Why it matters
- It ranks among India's biggest consumer internet platforms by order count.
- Rides still make up over 95% of orders.
- Expansion into food delivery follows a $240M raise in May.
The business
- Rapido runs bike taxi, auto and cab rides.
- It also delivers food.
- It is based in Bengaluru.
In numbers
$4B+Annualised GOV · 2026
8.3 millionDaily orders · 2026
What happens next
- Expand mobility and food delivery
Earlier rounds
- May 2026 · $240M
The numbers around it
Rapido has 6 funding rounds in StopDown's archive, $1.5 Bn raised in all.
| When | Round | Amount | Led by |
|---|---|---|---|
| 9 June 2026 | Round | $240 million | Prosus |
| 28 May 2026 | Series D | $240 Mn | Prosus |
| 15 May 2026 | primary | $240M | Prosus |
| 12 January 2026 | Series E | INR 2,400 Cr | |
| 23 September 2025 | Round | $500-550 million | Prosus |
| 22 December 2021 | Round | $200M | Swiggy |
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at little extra cost. India also has a legal definition for scheme benefits: under ten years old, turnover under ₹200 crore, and working on innovation or a scalable model.
- GMV: GMV is the total value of goods sold through a platform, while revenue is only the part the company keeps. For a marketplace, revenue is often a small slice of GMV, in the single digits to the 20s as a percentage. In Indian filings, check which figure a headline uses.
Read next
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Everything on Rapido → · All startup news on 3 November 2026 →
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