ZestyDumpling
ZestyDumpling

Rapido Launching EVs

Rapido has teamed up with IndoFast Energy to roll out 10,000 Piaggio electric vehicles with swappable batteries across India. This plan includes setting up over 300 battery swapping stations in Hyderabad and Bangalore by December 2024, making travel more sustainable in these big southern cities.

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Rapido Becomes a Unicorn with Fresh $120M Funding

  • Rapido, the bike-taxi startup, has reached a $1 billion valuation, becoming the latest Indian unicorn after securing $120 million in a Series E funding round led by WestBridge Capital.
  • The new funding highlights Rapido's growing inf...
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What’s the point of all this Rapido investment as I still won’t get any auto on that app?