New Delhi, June 9 -- Rapido will use the cash on its books to expand beyond the 500 cities it currently serves, while extending into categories like three-wheelers and ride-share services as it deepens its mass-market playbook, a top company executive said.

The company believes that offering a value-for-money proposition will gain salience at a time when West Asia-war linked inflation forces consumers to reduce spending, co-founder Aravind Sanka said.

The Bengaluru-based ride-hailing platform raised $240 million in May in an investment round led by Prosus, intensifying competition with Uber that pumped Rs.3,000 crore into its India operations in FY26 to defend market share against a fast-growing Rapido.

"We are going very deep in India...