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Rapido eyes deeper market expansion

Mint Mumbai

|

March 10, 2025

Ride-hailing app Rapido is in the midst of a 500-city expansion this year in India, a market where "vastness and depth" of mobility opportunity offers a high-growth upside, according to co-founder Pavan Guntupalli.

- PTI

On whether the company is eyeing an IPO in the near term, Guntupalli said that Rapido is clocking healthy growth, is well capitalised and "will take a call depending on situation". The focus, for now, is on growth, he asserts. The commute app, which offers about 33,00,000 rides every single day on its auto, bike taxi, and cab service

Mint Mumbai

यह कहानी Mint Mumbai के March 10, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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