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Bloomberg Quint

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Image Credit: Bloomberg Quint

Rapido Trims Losses By 45% In FY24, Ride Orders Reach 20.7 Crore In FY25

  • Rapido recorded a loss of Rs 371 core in fiscal 2024, 45% lower than last year.
  • Rapido's gross order value reached Rs 2,461 crore in the second quarter of fiscal 2025.
  • The number of ride orders doubled year-on-year to 20.7 crore.
  • In FY24, Rapido's revenue stood at Rs 648 crore, up 46% on a year-on-year basis.

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