Prosus today has increased its stake in Roppen Transportation Services Private Limited (Rapido), India’s largest and most affordable one-stop mobility platform, through a combination of primary and secondary investments. This transaction values the company at US$3 billion on a post-money basis. The investment builds on Prosus’ existing partnership with Rapido and underscores its conviction in the company’s growth and long-term potential within India’s mobility ecosystem.
Prosus is a long-term backer of technology-led businesses that have enabled broader economic participation across India. Its continued investment in Rapido reflects strong conviction in the company’s business fundamentals, innovative mobility solutions and the role such platforms play in democratising transportation access, as India’s digital adoption deepens and fuels the next phase of economic growth.
As India’s growth shifts beyond metros, two structural gaps are becoming more pronounced: access to reliable, affordable mobility, and access to flexible, dignified earning opportunities. Rapido is building at the convergence of both and defining a new category where mobility functions as a large-scale economic engine. This investment enables the company to expand its presence in these high-growth regions by unlocking new demand corridors while significantly expanding livelihood access.
Ashutosh Sharma, Head of India Ecosystem at Prosus, said: “Mobility is emerging as a foundational layer of India’s digital economy, with the potential to unlock significant economic participation. Our investment reflects a strong conviction in Rapido’s ability to scale sustainably while addressing real, large-scale challenges around access and livelihoods. Rapido has established a strong position by building a supply-led mobility platform with a clear focus on affordability and execution. We look forward to an enduring partnership as the company builds a category-defining platform.”
Aravind Sanka, Co-founder, Rapido, said: "At Rapido, we've always believed that the true measure of mobility is not only the rides completed but also livelihoods created. This investment is about accelerating our ability to unlock both these structurally. We are going deeper into markets where demand exists, but supply remains fragmented, building the density that gives captains reliable, predictable earnings. We will sharpen our focus on strengthening supply, building technologies, and expanding our multi-modal footprint, with far greater speed and intent."
Prosus’ investment in Rapido aligns with its strategy of backing category-defining platforms that address everyday consumer needs. Beyond capital, Prosus supports its portfolio companies with global operating expertise, including in areas such as AI-led optimisation, platform governance, and scaling operations.
Positioned as the Wheels of Bharat, Rapido is not just transforming mobility, it is building an infrastructure layer for inclusive growth. By enabling flexible earning opportunities at scale while improving everyday access, Rapido is shaping a more resilient and participative economic model for India.
Founded in 2015, Rapido operates in over 400 cities and has become a critical part of everyday mobility across emerging India.
About Rapido
Rapido is India’s largest and most affordable one-stop mobility platform, redefining first- and last-mile connectivity with a focus on safety, affordability, and reliability. Over the years, it has emerged as the Wheels of Bharat, reshaping Indians’ daily mobility habits and making seamless travel an essential part of everyday life.
Founded in 2015, Rapido has become embedded in the country’s social fabric, transforming commuting across 400+ cities, with deep reach into tier 2 and tier 3 markets. Through its unified, technology-enabled ecosystem spanning bike taxis, auto rickshaws, cabs, parcel deliveries, flight bookings, and food delivery.
Rapido’s SaaS-driven platform enables flexible and sustainable earning opportunities for captains across cabs and auto-rickshaws. Supporting over 9 million livelihoods in India, Rapido is driven by a mission to make travel seamless, inclusive, and sustainable, while helping shape the future of India’s mobility ecosystem.
About Prosus
Prosus is the power behind the world’s leading lifestyle ecommerce brands, across Europe, India, and Latin America, unlocking an AI-first world for our 2 billion customers.
The Prosus technology ecosystem spans food delivery, payments, classifieds, travel, events, and mobility. Our integrated approach enhances user engagement and creates the foundation for unprecedented AI capabilities through proprietary data and cross-service intelligence.
Through Prosus Ventures, we invest in companies which inspire and support the Prosus ecosystem. We search for new opportunities at the leading edge of AI and ecommerce, the digital AI workforce and in frontier technologies, such as robotics, drones and synbio.
The team actively backs exceptional entrepreneurs who are using technology to improve people’s everyday lives.
To find out more, please visit www.prosus.com.
