Mobility Startup Rapido Set to Expand to 500 Cities
Ride-hailing platform Rapido is making a significant move to expand its services to 500 cities, aiming to reach major hubs across the nation. Currently, the company operates in 120 cities and plans to execute this ambitious expansion in phases, which will begin with Karnataka, Gujarat, Tamil Nadu, West Bengal, and Rajasthan in February.
Rapido is also targeting entry into new states including Punjab, Haryana, Uttar Pradesh, Uttarakhand, and several others. This announcement was made at the Bharat Mobility Expo 2025.
“We’re excited to share our vision and demonstrate how technology can create positive social and economic impact. With over 1.3 crore Captains earning over 15,000 crore rupees on the platform, our expansion to 500 cities is a testament to our commitment to empowering individuals and building a more connected India,” said Pavan Guntupalli, co-founder of Rapido, in a statement.
The news of this expansion comes on the heels of reports that a global technology investor is considering acquiring a 5% stake in the cab aggregator for a flat valuation of $1 billion.
In the competitive cab aggregation space, Rapido competes with US-based Uber, Bhavish Aggarwal-led Ola Consumer, and Namma Yatri. The company currently facilitates around 3.6 million rides daily, marking it as a key player in the industry.
In an earlier interview, the company’s Co-founder and CEO Aravind Sanka discussed Rapido’s expansion plans. He emphasized the objective of launching in new cities and enhancing presence in existing markets. This involves investing in new use cases and addressing barriers that prevent people from using ride-sharing services.
With its strategic plans laid out, Rapido is set on a path that will likely reshape mobility services nationwide, providing more connectivity and opportunities across India.
