Ride-hailing unicorn Rapido has partnered with Goibibo, ConfirmTkt, and redBus to enable flight, train, bus, and hotel bookings directly on its app. With this move, the Bengaluru-based company aims to evolve into a comprehensive travel and mobility platform for its 5 crore active users across 400+ cities in India.
The expansion aligns with Rapido’s ongoing diversification strategy and its plans to raise $500–550 million in a new funding round.
The raise will include both primary and secondary transactions featuring Swiggy’s stake sale and is expected to strengthen the company’s growth trajectory as it prepares for a potential IPO.
Founded in 2015 by Aravind Sanka, Pavan Guntupalli, and Rishikesh SR, Rapido began as a bike-taxi service focused on short-distance urban mobility. Over the years, it has evolved into a multi-mobility platform, offering auto-rickshaw and cab services, and recently entered the food delivery segment with the launch of Ownly.
The new ‘Travel’ section in the Rapido app allows users to book flights and hotels through Goibibo, buses via redBus, and train tickets through ConfirmTkt. Each service is powered by Rapido’s partners, enabling secure and seamless reservations.
“With 50 million monthly active users, Rapido is bridging India’s last-mile connectivity gaps and redefining everyday travel to be more accessible, affordable, and reliable,” the company said in a statement.
With this launch, users can now manage everything. From a quick airport ride to booking their next family vacation within a single platform that simplifies the travel experience like never before.
Financially, the company continues to show strong performance. The company is expected to cross ₹1,000 crore in revenue for FY25. In FY24, Rapido cut its losses by over 45%, reducing them from ₹675 crore to ₹370 crore, while operating revenue rose 46% to ₹648.1 crore, up from ₹443 crore in FY23.
