Rapido

Rapido, India’s leading two-wheeler ride-hailing platform, reported a significant improvement in financial performance for FY25, with revenue rising 44% year-on-year and net losses narrowing. The growth was driven by increased ride volumes, expansion into new cities, and diversification into delivery and mobility services. Operational efficiencies and cost rationalization helped reduce the overall loss burden, reflecting the company’s maturing business model.

India’s antitrust regulator has approved Prosus’ acquisition of a minority stake in bike-taxi platform Rapido, removing a key regulatory hurdle for the transaction. The clearance signals confidence that the investment will not distort competition in the fast-evolving urban mobility market. For Rapido, the backing of a global technology investor provides access to capital and strategic expertise as it scales operations across Indian cities.

In a landmark regulatory development, the Indian government has officially permitted the use of private motorcycles for passenger transport via ride-sharing platforms, subject to approval by state authorities. Announced under the Motor Vehicles Aggregator Guidelines 2025, this policy shift seeks to bring long-overdue legal clarity to India’s rapidly evolving shared mobility sector. The decision is expected to benefit operators like Uber and Rapido, who have long navigated legal ambiguities.

Rapido, one of India’s leading ride-sharing platforms, has launched a nationwide initiative in collaboration with the Society for Advanced Clinical and Therapeutic Emergency Medicine (SACTEM) to provide basic life support (BLS) training to its drivers—whom it refers to as "captains." The program, launched on World Emergency Medicine Day (May 27), aims to equip over 1,000 captains across 16 major Indian cities with essential emergency response skills.