Rapido Parent Roppen Narrows FY25 Loss, Plans IPO by 2026

Rapido's parent company, Roppen Transportation, made less money loss in the last financial year (FY25) compared to the year before.

They earned more money too, with a big increase in their revenue.

The company is planning to go public, which means they will sell shares to the public, by the end of 2026.

Rapido's co-founder said they want to keep growing fast, at 100% each year, before thinking about going public.

They are focusing on making their business stronger and better for both their drivers and passengers.