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Rapido FY24: Losses Decline 45% YoY To INR 370 Cr

Inc42 · 6m

Ride-hailing company Rapido reported reduced losses for FY24 due to cost management and optimization. The company saw an increase in orders and Gross Order Value (GOV) for the fiscal year. In September, Rapido became a unicorn after securing $200 million in a Series E funding round.