Key Takeaways
- Rapido denies involvement in ED probe of ₹331 crore deposits in driver’s account
- Account used as “mule” for illegal betting money laundering
- Over ₹1 crore used to fund grand destination wedding in Udaipur
- Driver claims ignorance of transactions and wedding beneficiaries
Ride-hailing platform Rapido has officially denied any role in the Enforcement Directorate’s investigation into ₹331 crore deposited in a bike taxi driver’s account linked to the 1xbet money laundering case.
The company stated it is cooperating with authorities but maintains the alleged actions are personal to the individual driver.
Massive Transactions in Mule Account
According to ED officials, the driver’s bank account received deposits worth ₹331.36 crore between August 2024 and April 2025. Investigators identified this as a classic “mule account” used to funnel illicit funds from financial crimes.
Such accounts are typically created using fake or hired KYC documents, where individuals lend their accounts in exchange for commissions.
Rapido’s Official Statement
“The individual mentioned is one of the two crore registered captains associated with us for bike taxi services. As with many workers in the gig economy, he may be associated with multiple platforms. Rapido has no role or involvement in the matter under investigation. The alleged actions are personal to the individual,” a Rapido spokesperson said.
The company emphasized it does not endorse or tolerate such behavior and remains committed to transparency and legal compliance.
Lavish Wedding Funding Raises Eyebrows
ED officials discovered that over ₹1 crore from the deposits was used to pay for a “grand destination wedding” at a luxury hotel in Udaipur, Rajasthan. The wedding is reportedly linked to a young Gujarat politician who may be summoned for questioning.
During interrogation, the driver claimed complete ignorance about the bank transactions and could not identify the bride, groom, or their families whose wedding was funded through his account.
Ongoing Investigation
The ED found the account received large deposits from multiple unidentified sources that were swiftly rerouted to other suspicious accounts. One source has been linked to illegal betting operations.
This case connects to the broader 1xbet probe where the agency recently attached assets of former cricketers Shikhar Dhawan and Suresh Raina and questioned several other celebrities.
