Rappi Valuation, Funding & Investors

Talabat Holding PLC is engaged in the on-demand online food ordering, delivery, takeaway and groceries and convenience retail marketplace in the MENA region, with operations in the UAE, Kuwait, Qatar, Bahrain, Egypt, Oman, Jordan, and Iraq.

OPay is a Lagos-headquartered mobile money platform operating in Nigeria and Egypt. The app facilitates peer-to-peer transfers, bill payments, ride-hailing, and grocery delivery backed by Opera Software. OPay issues virtual debit cards and offers microloans through its wallet, integrated with POS terminals nationwide. The service powers merchant QR payments and airtime top-ups for underserved populations.

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore, Indonesia, and Malaysia contributed more than 70% of revenue in 2024. Grab’s main competitors in Southeast Asia are Line Man and Goto. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.

Founded in 2011, Delivery Hero is an online delivery demand aggregator. The company is headquartered in Germany and operates in over 70 countries across Latin America, Asia, Europe, the Middle East, and Africa. Delivery Hero creates a marketplace for merchants to establish an online presence, market their offerings, and meet demand through delivery. Nearly half of Delivery Hero’s revenue is commission fees from merchants. Through its applications, which vary by region, customers can order meals, grocery items, pharmacy products, and retail goods. In addition, Delivery Hero operates Dmarts.

Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.

DiDi Global Inc is a mobility technology platform that provides a range of mobility services as well as other services. It is building four key components of its platform that work together to improve the consumer experience: shared mobility; energy and vehicle services; electric mobility; and autonomous driving. It is a go-to brand in China for shared mobility, providing consumers with a range of safe, affordable, and convenient mobility services, including ride-hailing, taxi-hailing, chauffeur, hitch, and other forms of shared mobility. The company operates in three segments: China Mobility, which mainly includes ride-hailing services to riders, and also acts as an agent by connecting end-users to service providers who provide taxi hailing; International; and Other Initiatives.

Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.

Zepto is an Indian quick-commerce company headquartered in Bengaluru that delivers groceries and household essentials to customers in about ten minutes from a network of dark stores. It began as KiranaKart and was founded in July 2021 by Aadit Palicha and Kaivalya Vohra, two Stanford dropouts. The company moved its domicile from Singapore to India and trades as Zepto Private Limited. Its revenue from operations grew from Rs 4,455 crore in the year to March 2024 to Rs 11,110 crore in FY25 and Rs 22,624 crore in FY26, and its dark stores grew from 337 to more than 1,300 over the last year. Zepto raised funding from Nexus Venture Partners, Glade Brook, StepStone, General Catalyst and CalPERS, reaching a USD 7 billion valuation in October 2025. It filed for a stock market listing in India and postponed the offering in August 2026.

Weee! is a San Francisco-headquartered online grocery delivery service specializing in Asian and Hispanic products. Launched in 2015, it stocks over 20,000 items including fresh produce, seafood, snacks, and staples from China, Japan, Korea, Mexico, and beyond. Available in 20 U.S. metro areas, it offers same-day delivery through warehouses in California, New Jersey, and Texas.

Zomato (legal name Eternal Ltd) is an online food service platform. The customers use the platform to search and discover restaurants, read and write customer-generated reviews and view and upload photos, order food delivery, book a table, and make payments while dining out at restaurants. It also provides a platform for Restaurant partners and Brands to advertise themselves to the target audience in India and abroad and supplies high-quality ingredients to Restaurant partners. Its reportable segments include India food ordering and delivery; Hyperpure supplies, Quick commerce business, Going Out, and All other segments. The company generates maximum revenue from the India food ordering and delivery segment.

CRED is a Bengaluru fintech company founded in 2018 by Kunal Shah and operated through Dreamplug Technologies. Its app rewards creditworthy Indian consumers for paying credit card bills on time and has since added rent and utility payments, CRED Cash short-term credit, CRED Mint peer-to-peer lending and wealth products. It processes more than 40 percent of credit card bill payments in India according to the company. CRED reported consolidated operating revenue of Rs 2,735 crore in the year to March 2025. In June 2026 Meta Platforms agreed to invest $900 million in a round valuing it at $4.5 billion for about a 20 percent stake, and Kunal Shah moved to lead WhatsApp. CRED has bought HipBar, Happay, CreditVidya, Spenny and Kuvera, and has invested in LiquiLoans and M.

wefox is a European insurance-distribution company founded in 2015 and associated with operating teams in Berlin and Zurich. It began under the FinanceFox name and built software connecting insurance carriers, brokers and customers. The platform gives intermediaries digital tools to manage policies, compare products, communicate with customers and process insurance transactions. The group also operated an insurance carrier before restructuring around an asset-light managing-general-agent and distribution model. Revenue comes from insurance commissions, distribution fees and managing-general-agent economics. The company expanded through Germany, Austria, Switzerland and other European markets, raised large venture rounds and later sold selected carrier and country operations. Its 2025 strategy concentrated the remaining business on Austria, the Netherlands and Switzerland and on technology-supported distribution partnerships.

Tabby is a Saudi Arabia-headquartered financial services and shopping app that began as a buy-now-pay-later provider and has widened into cards, spending accounts and consumer finance. It was founded in 2019 by Hosam Arab and Daniil Barkalov and is based in Riyadh. Shoppers can split purchases into interest-free instalments or pay later, online and in store, while merchants pay a fee on each transaction. The company is active in Saudi Arabia, the United Arab Emirates and Kuwait and works with tens of thousands of brands and small businesses. It acquired the Saudi digital wallet Tweeq in 2024 and received finance licences from the Saudi Central Bank in June 2026. Tabby has raised equity from investors including Arbor Ventures, Mubadala, STV, Wellington Management, Blue Pool Capital and Hassana, and was valued at 6.5 billion dollars in its September 2026 Series F.

Gopuff, the trading name of GoBrands Inc., is a Philadelphia-based instant-commerce company that delivers convenience-store goods from its own network of micro-fulfillment centers in the United States and the United Kingdom. Through its app customers order snacks, drinks, groceries, household essentials, over-the-counter medicine, baby and pet products and, where licensed, alcohol, typically delivered in about 30 minutes. Because it owns its inventory and warehouses, Gopuff earns product margins and delivery fees, adds recurring income from its FAM membership programme and sells retail-media advertising to consumer brands. It also owns the BevMo! beverage-alcohol chain and entered the UK by acquiring Fancy of Newcastle upon Tyne. Gopuff delivered in more than 500 US cities as of 2025, reported revenue of about $1.2 billion in 2023 and employs roughly 5,000 people. Backed by SoftBank, Accel, D1 Capital, Fidelity, Baillie Gifford, Eldridge and Valor, it raised $250 million at an $8.5 billion valuation in November 2025, down from a $15 billion peak in 2021. The company was founded in 2013 by Drexel University students Yakir Gola and Rafael Ilishayev.

OpenSea is a privately held United States marketplace for non-fungible tokens, fungible tokens, and other on-chain assets. Devin Finzer and Alex Atallah founded the company in 2017 and launched a non-custodial marketplace in which users retain control of assets through their own wallets. The service lets people discover, mint, buy, and sell NFTs and trade tokens across multiple blockchains. It serves collectors and traders alongside creators, brands, game studios, and developers that publish digital collections. OpenSea's product suite includes its main marketplace, OpenSea Pro for active traders, and Studio tools for managing collections and drops. The company reports more than two million collections, 80 million NFTs, and USD 20 billion in cumulative volume on its platform. Its business earns transaction fees and related marketplace revenue when users trade supported digital assets.

E-Finance For Digital And Financial Investments SAE is developing integrated platforms in Egypt's digital revolution. It is a fintech platform and developer of digital payments infrastructures. The company invests in platforms and solutions that serve everyone from government agencies to ordinary consumers. The business has seven operating segments; Services and operation of cards, Integrated solutions, installation, and technical support services, card center services, hosting services, maintenance and network contracts, and others. It derives a majority of its revenue from the Services and operation of the cards segment.

Rocket Companies is a financial services company that was originally founded as Rock Financial in 1985 and is currently based in Detroit. Rocket Companies offers a wide array of services and products but is best known for its Rocket Mortgage business. The company’s mortgage lending operations are split between its direct-to-consumer lending, which sees borrowers accessing the company’s lending arm directly through either its mobile app or website, and its partner network where mortgage brokers and other firms use Rocket’s origination process to offer loans to their customers. The company has rapidly gained market share in recent years and will also be the largest mortgage servicer in the US following its acquisition of the Mr. Cooper Group.

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2025, Square's payment volume was almost USD 260 million.