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Rapido launches 'Bike Pink' service in Chennai for women bike captains, riders
IndianStartupNews
·
1y ago
Medial
Bike taxi aggregator Rapido has introduced a new service called 'Bike Pink' in Chennai to empower women riders and captains, offering employment opportunities. In the initial phase, 25 electric bikes will be provided to women captains facing financial difficulties. Rapido plans to train women captains in safety and driving skills through NGO partnerships. Over 100 active female captains are currently in Chennai, with a goal of onboarding more than 500 in the next three months. The service aims to enable women to earn between Rs. 800 to Rs. 1000 per day, promoting economic independence.
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Ola rival Rapido to onboard over 200 women as auto-rickshaw captains
IndianStartupNews
·
1y ago
Medial
Bengaluru-based ride-hailing giant, Rapido, plans to add over 200 women as auto-rickshaw captains in the next three months. Currently, they have 50 women captains and aim to expand by partnering with NGOs in Coimbatore. Rapido will provide training in safety and driving skills, and introduce micro-loans and family health insurance for women captains. This move aligns with Rapido's commitment to empower women and promote gender inclusivity. Rapido recently launched 'Bike Pink' in Chennai to create employment opportunities for women riders.
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Rapido Empowers Women Gig Workforce in Hyderabad with 2,000+ Registered Bike Captains - StartupNews.fyi
Startup News FYI
·
1y ago
Medial
Rapido, the bike taxi platform in India, has achieved a significant milestone by registering over 2,000 women bike captains in Hyderabad. These women, coming from diverse backgrounds, have completed over 8,000 rides in the past three months. The majority of these women bike riders are part-timers, juggling multiple roles alongside their Rapido commitments. To ensure safety, Rapido provides them with safety gear, a dedicated helpline, and round-the-clock support. The company aims to onboard more than 3,000 women captains in the next six months and is supporting them by facilitating driving license acquisition and offering electric vehicles for rent.
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Rapido to launch Pink bikes for women; employ 25,000 females
Economic Times
·
5m ago
Medial
Rapido, a Bengaluru-based ride-hailing service, plans to launch an all-women "Pink bikes" initiative in Karnataka by 2025, targeting 25,000 female jobs by deploying women drivers for female passengers. This initiative aims to create a safe, empowering environment for women in the workforce. According to Rapido's co-founder, Pavan Guntupalli, women without advanced skills can access these opportunities, with 35% of the workforce from smaller towns. This strategic move also enhances shared mobility services.
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Karnataka bans electric bike taxi services, says it is 'illegal and unsafe for women'
IndianStartupNews
·
1y ago
Medial
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.
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Uber launches two-wheeler taxis for women, by Women, in Bengaluru
Economic Times
·
7m ago
Medial
Uber India has launched the 'Uber Moto Women service' in Bengaluru, introducing a fleet of 250 women drivers to offer two-wheeler taxi rides exclusively for women. The initiative aims to address women's safety and mobility needs for last-mile connectivity, while providing flexible earning opportunities for female drivers. Riders can share trip details with trusted contacts, and drivers have the option to cancel if the rider isn't a woman. Uber plans to double the number of women drivers to 500 in Bengaluru by Q1 2025.
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Karnataka HC directs govt to protect bike taxi services
Economic Times
·
1y ago
Medial
The Karnataka High Court has ordered the State Government to protect the operations of bike taxis in Bengaluru. The order came in response to petitions filed by the Bike Taxi Welfare Association, following clashes and demands by auto unions to ban bike taxis. The Association welcomed the decision, calling it a victory against harassment faced by bike taxi riders. Ride-hailing platform Rapido also noted that the government's recent scheme rollback did not affect its operations, as it is protected by an interim court order.
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Ola dangles Rs 70K monthly earnings for riders in push to expand e-bike taxi service
Money Control
·
1y ago
Medial
Ola is aggressively expanding its electric bike taxi service in Bengaluru, India, and offering attractive incentives of up to INR 70,000 per month to e-bike riders. The company is also renting out electric scooters with a security deposit of INR 5,000 to those who want to join as e-bike taxi riders. Ola aims to get a head start over rivals like Uber, as it seeks to capitalize on the growing demand for clean and convenient transportation options. However, the company is currently operating without a license from the Karnataka transport department.
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Uber rolls out more incentives, safety feature for drivers
Economic Times
·
8m ago
Medial
Uber has introduced new features for its drivers in India to combat competition and driver shortages. Drivers can now cash out their earnings four times per day instead of thrice weekly. The move comes as Uber faces competition from WestBridge-backed Rapido, Google-backed Namma Yatri, and BluSmart. Another feature is upfront tipping, allowing riders to add a tip before the ride begins, which incentivizes drivers and boosts their income. Uber has also introduced a 'women rider' preference, enabling women drivers to accept only female riders during late hours.
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Rapido announces first ESOP liquidity program
Entrackr
·
5m ago
Medial
Rapido announces first ESOP liquidity program Ride-hailing firm Rapido has announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation program for its current and former employees. Through this initiative, employees are eligible to sell a portion of their vested ESOP units immediately. Founded in 2015 by Aravind Sanka, Pavan Guntupalli, and SR Rishikesh, Rapido operates on a peer-to-peer (P2P) model, connecting customers in need of a quick, affordable ride with independent two-wheeler riders, or captains. In September last year, Rapido achieved unicorn status after securing $200 million in a Series E funding round led by WestBridge Capital. It has raised more than $500 million to date. Rapido’s revenue from operations grew 46.3% to Rs 648 crore in FY24 from Rs 443 crore in FY23. The firm also reduced its losses by 45% to Rs 371 crore. According to Rapido, its streamlined cost structure contributed to a reduced quarterly loss of Rs 17 crore in Q2 FY25 from Rs 74 crore in Q2 FY24.
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Rapido partners with Delhi Metro, ONDC to offer metro tickets in-app
YourStory
·
1m ago
Medial
Rapido has partnered with Delhi Metro Rail Corporation and the Open Network for Digital Commerce to enable metro ticketing through its app, aiming to enhance multimodal travel in Delhi-NCR. The integration allows commuters to book metro tickets directly on the Rapido app. Additional services include designated pickup zones at metro stations, discounted bike taxi fares for metro users, and women-specific zones. This initiative follows similar metro ticketing innovations by other ride-hailing platforms in India.
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