Rapido targets 700 cities in 18 months, pushing into taluks and villages
Co-founder Aravind Sanka says Rapido will nearly double its footprint from 400 to 700 cities over the next 18 months, going deeper into India's taluks and villages. The bike-taxi platform, fresh off a $240M raise, claims profitability, 100% annual growth, and is scaling from 30 lakh to 50 lakh monthly vehicles.
Rapido plans to expand from 400 to 700 cities over 18 months, targeting taluks and villages. Co-founder Aravind Sanka cites profitability, 100% annual growth, $240M recent raise, and 30 lakh monthly vehicles scaling to 50 lakh.