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Rapido launches affordable intra-city mobility solution with Rapido Cabs, disrupting urban commuting with a SaaS-based platform driving zero commission for drivers

Startup News FYI

Startup News FYI · 1y ago

Rapido launches affordable intra-city mobility solution with Rapido Cabs, disrupting urban commuting with a SaaS-based platform driving zero commission for drivers

Rapido, India's leading commute app, has announced its entry into the cab business with the launch of Rapido Cabs. With a fleet of 1 lakh vehicles, Rapido aims to provide an affordable intra-city transport solution while promoting entrepreneurship among cab drivers. The innovative SaaS-based platform offers a zero-commission model for drivers, ensuring they receive the entirety of their service value. Customers also benefit from competitive fares, making transportation more accessible for all. Rapido's expansion into cab services is part of its mission to revolutionize urban mobility.

Related News

Subscription Model For Ola Drivers To Avail Zero Commission

Inc42 · 3m ago

Subscription Model For Ola Drivers To Avail Zero Commission

Ola has introduced a zero commission model for drivers, requiring them to pay a monthly fee of INR 2,010, or INR 67 per day, through a 30-day subscription pass. This model is available nationwide and applies to all types of bookings including cabs, autos, and bikes. This move places Ola alongside companies like Rapido and Namma Yatri, which have also implemented similar zero commission schemes for their drivers.

Rapido launches zero commission model for auto drivers; Know the complete details

IndianStartupNews

IndianStartupNews · 1y ago

Rapido launches zero commission model for auto drivers; Know the complete details

Ride-hailing startup Rapido has introduced a software-as-a-service (SaaS) based model for auto drivers, offering them a lifetime of zero commission. Auto drivers will instead pay a daily login fee and can undertake unlimited rides based on demand. Rapido aims to empower the drivers and maximize their earnings by removing the constraints of commissions. The company also plans to expand its services to include auto-rickshaws and rentals in select cities.

Rapido extends SaaS-based model to auto drivers

Thehindubusinessline

Thehindubusinessline · 1y ago

Rapido extends SaaS-based model to auto drivers

Rapido, a ride-hailing platform, has extended its Software-as-a-Service (SaaS)-based zero-commission model to auto drivers. Under this model, auto drivers can receive zero-commission payments from customers, paying only a daily login fee to the platform. Rapido aims to establish a sustainable business model by increasing fleet size and the number of rides, despite initial profitability challenges. The company has raised $310.4 million in funding through 10 rounds, with the latest funding led by Swiggy.

Swiggy-Backed Rapido Expands Zero Commission Model For Auto Drivers

Inc42 · 1y ago

Swiggy-Backed Rapido Expands Zero Commission Model For Auto Drivers

Rapido, the ride-hailing startup, has extended its zero commission model to auto drivers in an effort to reduce high commission rates and empower them to control their earnings. The company will charge auto drivers a daily login fee ranging from INR 9 to INR 29 and in return, drivers can do unlimited rides without paying any commission. Rapido aims to onboard offline auto drivers to its platform and transform the traditional commission system for their benefit. The SaaS model-based discovery platform will now be accessible to auto drivers, offering them a more efficient and reliable digital experience.

Mahindra Logistics launches B2C mobility offering Alyte for urban commuting

YourStory

YourStory · 1m ago

Mahindra Logistics launches B2C mobility offering Alyte for urban commuting

Mahindra Logistics Ltd has launched Alyte, a B2C mobility service, for urban commuting. Debuting in Delhi NCR, Alyte offers airport-to-city, in-city, and outstation rides. The service plans to expand to cities like Mumbai, Bangalore, and Hyderabad. Alyte aims to provide safe, reliable travel experiences with assured rides, transparent pricing, and electric vehicle options. Users can book rides through the Alyte app, offering an intuitive interface with real-time tracking and secure payments.

Ola rolls out zero per cent commission model nationwide, allows drivers to retain full fare earnings

Economic Times

Economic Times · 3m ago

Ola rolls out zero per cent commission model nationwide, allows drivers to retain full fare earnings

Ola has implemented a zero per cent commission model nationwide, allowing over a million driver partners to retain their full fare earnings without ride or income limits. This initiative covers autos, bikes, and cabs, offering drivers unlimited earning potential by choosing their plans with no deductions. This shift empowers drivers by granting them greater ownership and opportunity and is complemented by stringent safety protocols and driver background checks within the company's broader mobility ecosystem strategy.

Karnataka bans electric bike taxi services, says it is 'illegal and unsafe for women'

IndianStartupNews

IndianStartupNews · 1y ago

Karnataka bans electric bike taxi services, says it is 'illegal and unsafe for women'

The Karnataka government has withdrawn the 2021 Karnataka Electric Bike Taxi Scheme due to concerns over safety and legal violations. The scheme aimed to promote electric mobility and urban connectivity but was deemed unsafe for women and in violation of the Motor Vehicles Act. Clashes between electric bike taxi riders and traditional auto rickshaw drivers have exacerbated concerns. Startups like Rapido clarify that the ban does not affect their operations. The withdrawal raises questions about the future of electric mobility and urban transport in Karnataka.

Uber releases SaaS model, drops auto drivers' commission: Report

Inshorts · 7m ago

Uber releases SaaS model, drops auto drivers' commission: Report

Ride hailing service provider Uber has rolled out software-as-a-service (SaaS)-based zero commission model for auto drivers across India according to a report by Inc42. The report added that this comes over a year after Rapido expanded its subscription fee-based model to autos. Uber reportedly said that it will solely act as a technology platform connecting riders with independent driver partners.

ePlane looks to ride the Indian government's interest in air taxis with new $14M round

TechCrunch · 10m ago

ePlane looks to ride the Indian government's interest in air taxis with new $14M round

Indian startup ePlane is developing an electric vertical takeoff and landing (eVTOL) vehicle as a solution to India's traffic congestion crisis. The e200x aircraft, designed for intra-city commuting and cargo transport, features a compact wingspan of 8 meters, allowing it to land in tight spaces and make multiple short trips on a single charge. ePlane's lift-plus-cruise configuration combines vertical rotors with wings, enabling reliable and efficient flight. The startup aims to commercialize its electric air taxi in 2026 after obtaining necessary certifications and completing prototyping. ePlane recently raised $14 million in a Series B funding round to support its development and regulatory efforts.

GreenCell Mobility Bags Credit Of INR 307 Cr For UP Ebus Project

Inc42 · 1y ago

GreenCell Mobility Bags Credit Of INR 307 Cr For UP Ebus Project

Indian shared electric mobility startup, GreenCell Mobility, has secured green financing of INR 307 crore ($36.7 million) from Sumitomo Mitsui Banking Corporation (SMBC) for its electric bus project in Uttar Pradesh. The project aims to deploy 9-metre fully built AC electric buses across eight cities in UP, reducing approximately 235,000 tonnes of CO2 emissions over its contract lifespan. GreenCell Mobility acquires electric buses from vendors and operates them for inter-city and intra-city travel. The funding from SMBC marks the company's first green financing from global banks.

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