Bengaluru, November 10:
Indian ride-hailing startup Rapido is preparing to launch its Initial Public Offering (IPO) by 2026, marking a significant step in the evolution of India’s mobility and transport-tech industry.
The move underscores the company’s ambitions to join the ranks of India’s listed tech unicorns and signals growing investor confidence in the shared mobility sector, which continues to rebound strongly post-pandemic.
Rapido’s IPO Roadmap
According to company insiders, Rapido has initiated discussions with investment banks and financial advisors to chart its pre-IPO fundraising and compliance roadmap. The company aims to bolster its presence in Tier-2 and Tier-3 cities, while expanding its three-wheeler and delivery segments to strengthen revenue stability ahead of the public listing.
“Our vision is to make daily mobility accessible and efficient for every Indian. Going public will be a natural progression in our journey of trust and transparency,” a senior Rapido executive said.
A Growing Mobility Ecosystem
Founded in 2015, Rapido operates across 100+ Indian cities, offering two-wheeler, auto, and parcel delivery services. It competes with major players like Ola and Uber while leveraging localized pricing and convenience to capture a diverse commuter base.
Industry analysts note that the mobility sector’s resurgence, coupled with rising EV adoption and digital integration, could make Rapido’s IPO one of the most-watched listings of 2026.
Investor Sentiment and Market Outlook
With investor appetite shifting back toward profit-focused tech companies, Rapido’s operational expansion and profitability targets are expected to draw strong institutional interest.
Market watchers expect the company’s valuation to climb further as it diversifies into EV-based logistics and last-mile delivery partnerships.
