Rapido breaches Rs 1,000 crore income mark in FY25, losses shrink

Bengaluru-based ride-hailing unicorn Rapido, posted an operating revenue of Rs 934 crore in FY25, up 44% from Rs 648 crore in the previous fiscal, according to consolidated financials accessed from the Registrar of Companies. Including interest income of Rs 69 crore from investments, Rapido’s total income reached Rs 1,003 crore during the year.

Rapido primarily earns money through subscriptions from drivers and users who pay for ride passes and platform benefits. On the driver side, the platform operates on a zero commission subscription based model for three-wheelers and four-wheelers cabs, but continues to operate on commision-basis for bike-taxis.