Rapido goes past $1 billion GMV mark

Rapido, which launched as a bike-taxi platform, has crossed a gross merchandise value (GMV) of $1 billion on the back of aggressive expansion into newer segments and across geographies. Rapido, which has ventured into autorickshaws and cabs since it launched, has seen over threefold growth since FY23, when it was clocking a GMV of around $300 million.
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