Startup Atlas · Bike-taxi aggregation

Rapido Unicorn

Roppen Transportation Services Private Limited ● Bengaluru, Karnataka ● Founded 2015 ● rapido.bike ↗
Aravind Sanka · Co-founder & CEO (strategy and fundraising) Pavan Guntupalli · Co-founder (technology and product) SR Rishikesh · Co-founder (operations and execution)
$748.38 MnTotal funding (tracked)
9Funding rounds
15 May 2026Last round

Rapido: Financial Breakdown

Figures below are FY25, consolidated basis, compiled from filings and disclosures — every year cited to its source.

Operating revenue: INR 934.44 crore (up 44.19% YoY); total income incl. other income: INR ~1,003 croreTotal revenue · +44.2% YoY
Total expenditure: INR 1,261.3 crore (up 18% YoY)Total expenses
Not disclosed as an absolute figure in available sourcesEBITDA
Net loss: INR 258 crore / INR 258.4 crore (narrowed ~30% YoY from INR 371 crore)Net loss · loss narrowed 28.2% YoY

Revenue by fiscal year

0255075100125$MOperating revenue surpassed INR 90 Cr (~₹90+ crore): $10.7M11FY20INR 72 crore (revenue shrank due to COVID-19 pandemic impact): $8.6M8.6FY21Revenue from operations: INR 144.8 crore (up 91.5% YoY): $19.4M19FY22Operating revenue: INR 443 crore (total revenue incl. other income: INR 497.5 crore): $52.7M53FY23Operating revenue: INR 648 crore (up 46.3% YoY): $78.3M78FY24Operating revenue: INR 934.44 crore (up 44.19% YoY); total income incl. other income: INR ~1,003 crore: $110.5M111FY25

Net profit / loss by fiscal year

-100-80-60-40-200$MNet loss widened to INR 243.6 Cr (from INR 53.3 Cr in FY19): $-2.9M-2.9FY20Net loss of INR 166 crore: $-2M-2FY21Net loss: INR 439 crore (widened 163% YoY): $-52.3M-52FY22Net loss: INR 674.5 crore (widened 53.6% YoY from INR 439 crore): $-80.3M-80FY23Net loss: INR 371 crore (down 45% YoY from INR 675 crore): $-44.2M-44FY24Net loss: INR 258 crore / INR 258.4 crore (narrowed ~30% YoY from INR 371 crore): $-31M-31FY25

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY25 Operating revenue: INR 934.44 crore (up 44.19% YoY); total income incl. other income: INR ~1,003 crore Total expenditure: INR 1,261.3 crore (up 18% YoY) Not disclosed as an absolute figure in available sources Net loss: INR 258 crore / INR 258.4 crore (narrowed ~30% YoY from INR 371 crore) source
FY24 Operating revenue: INR 648 crore (up 46.3% YoY) Total expenses: INR 1,066 crore EBITDA margin reported as -52.5% (no absolute rupee EBITDA figure disclosed) Net loss: INR 371 crore (down 45% YoY from INR 675 crore) source
FY23 Operating revenue: INR 443 crore (total revenue incl. other income: INR 497.5 crore) Total expenditure: INR 1,172.1 crore Not disclosed as an absolute figure in available sources Net loss: INR 674.5 crore (widened 53.6% YoY from INR 439 crore) source
FY22 Revenue from operations: INR 144.8 crore (up 91.5% YoY) Total expenses: INR 597 crore EBITDA margin reported as -274.52% (no absolute rupee EBITDA figure disclosed) Net loss: INR 439 crore (widened 163% YoY) source
FY21 INR 72 crore (revenue shrank due to COVID-19 pandemic impact) — — Net loss of INR 166 crore source
FY20 Operating revenue surpassed INR 90 Cr (~₹90+ crore) — — Net loss widened to INR 243.6 Cr (from INR 53.3 Cr in FY19) source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: tracxn.com · Last verified 23 Oct 2026. · Report a correction