Providing motorcycle-taxi services Quick, $120 million It rose to the unicorn level by receiving investment. The company’s $120 million E series investment round, WestBridge Capital Managed by. Malaysia-based investment fund in India-based Rapido’s investment round Treasure took place.
The total investment amount of the company, which was established in 2015, is approximately for 430 million dollars output. Rapido announced that it will use the new investment to expand its operational area, invest in R&D, and make infrastructure and operational improvements.
Aravind Sanka, Pavan Guntupalli ve Rishikesh SR launched by Quickoffers a rapidly growing alternative transportation solution, especially in India’s crowded cities. The company offers a car sharing service in urban transportation, allowing users to rent motorcycles and scooters via its mobile application.
Rapido’s core service is to enable users to use motorcycle taxis as a fast, economical and practical transportation option for short-distance journeys. Users are matched with drivers through the Rapido application and can travel quickly on motorcycles. This service provides a great advantage, especially in areas with heavy traffic congestion. Because motorcycles are smaller, they can move more easily in traffic.
Rapido also offers a variety of delivery services such as food delivery and e-commerce deliveries. The company collaborates with Swiggy, one of India’s leading food delivery platforms, to ensure fast and efficient delivery of food orders. This collaboration offers Rapido the opportunity to generate additional income for its drivers, while also enabling Swiggy to deliver faster to its customers.
Source link: https://webrazzi.com/2024/07/30/rapido-120-milyon-dolar-yatirim-alarak-unicorn-seviyesine-ulasti/