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Rapido eyes IPO after racing ahead of Uber
The Business Guardian
|November 27, 2025
Rapido, which is focused on the mass market and deeper penetration rather than premium customers, will think of a public listing when it has captured 70-75% of the ride-hailing market, the company’s chief financial officer Vivek Krishna has said in an interaction with The New Indian Express.
Krishna said eventually they will go for an IPO—maybe in the next two years.
A recent secondary share transaction between Prosus and Swiggy valued Rapido at about $2.5 billion A recent secondary share transaction between Prosus and Swiggy valued Rapido at about $2.5 billion.
This story is from the November 27, 2025 edition of The Business Guardian.
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