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VCGuy

Believe me, it’s not... • 10m

Rapido picked up $200 M in a Series E, now valuing it $1 B+. ⏩Investors include: WestBridge Cap, Nexus VP, Think Investments, Inus-Opportunities, Swiggy. The ride-hailing market has changed significantly in the past few years - - Super Competitive now: BluSmart, Namma Yatri, Rapido, InDrive (International player), Paytm (launching Auto-rickshaw services), Yaary and of course Ola, Uber - Players are diversifying: a). Rapido partnering with food and e-commerce firms to use its 2-wheeler fleet for hyperlocal deliveries. b). Namma Yatri may expand operations in the US, BluSmart entered UAE c). Uber launched Bus services in Delhi d). Ola now does EVs, Food and Package Delivery, and loans too (partnership with InCredfinance) ⏯️I take a rickshaw to work every day, and after speaking with auto drivers, many now earn over ₹50,000 per month using Rapido! (Most prefer a flat ₹20-25 daily login fee over a commission on each ride).

3 Replies

Replies (3)

Anonymous 3

Hey I am on Medial • 10m

With all these new services, it’s like we’re living in a futuristic city where you can catch a ride, order food, and get a loan all in one app lol. Sab koi ghoom firke ek dusre ke market mein ghus raha hai.

Anonymous 2

Hey I am on Medial • 10m

Interesting developments, but with so many players diversifying, how sustainable is this growth? Will the market become oversaturated, and how will new entrants affect existing players like Rapido?

Anonymous 1

Hey I am on Medial • 10m

Rapido’s growth is impressive! Their innovative approach to diversifying services and expanding into hyperlocal deliveries shows a smart adaptation to the competitive ride-hailing market.

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Dharamkar Ashish

Hey I am on Medial • 1y

Hey how about an app which compare prices of ride on Ola,Uber,namma yatri,rapido??

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Aryan Sorathiya

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How Namma yatri dominante to OLA Cab and Uber ?

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Vaibhav Gupta

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Firstly we had traditional taxis, then Uber and Ola came with their asset light model but still after so many years they were loss making. Now BluSmart has tried to get the best of both the world's, having their own fleet like traditional taxis while

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Sanskar

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The Indian Taxi Market Size is estimated Around 20 Billion USD. Global players like Uber & Indrive is competing with Indian players like rapido and namma yatri. In recent time companies like blusmart and shoffr are olso doing well. Is there any sc

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Sarun George Sunny

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Namma Yatri: Disrupting the Ride-Hailing Industry by Empowering Drivers and Setting a New Standard for Transparency Launched in 2022, Namma Yatri has transformed the ride-hailing industry by prioritizing drivers instead of imposing high commissions.

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Rishi Chavan

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I just noticed one thing Rapido offers the same PIN for every ride before your ride begins which is so easy to remember now I can't forget it at all whereas other apps like Uber and Ola offer unique OTPs everytime. Why Rapido does that? I don't kno

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