Bengaluru, Aug. 13 -- Rapido has received a five-year licence from the Karnataka State Transport Authority for its cab services in the state, valid until August 2031, giving the mobility platform a longer-term regulatory framework for its operations in its home market.

Roppen Transportation Services Private Limited, which operates Rapido, said the licence has been issued under the Karnataka On-Demand Transportation Technology Aggregators Rules, 2016.

The company said the licence will provide greater continuity to its captains and commuters while allowing it to expand its cab services within the state's regulatory framework.

Rapido currently operates across 21 cities in Karnataka, supporting more than 3.14 lakh captains and over 2.04 cr...