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Niket Raj Dwivedi
•

Medial • 1y

Announcement : Pitchers (Digital Shark Tank) by Medial. Hello everyone! Glad to be announcing our flagship initiative- Pitchers! This app is for entrepreneurship and entrepreneurs. Hence, to complement it, we have decided to celebrate ideas and drea

Sarthak

npc • 1y

NAME- RydeGo PROBLEM - Inefficient transport systems in Tier 2, 3 cities and rural areas; Ola, Uber- pricey, not enough penetration; Rapido - inherently unsafe (2W), carries only one passenger; Return journeys of e-rickshaws are usually empty, losing precious revenue. SOLUTION - Organising the fragmented e-rickshaw market; Service will be affordable compared to Ola, Uber; E-rickshaws are present in most towns and villages; They are safe (3W); Can carry 4-6 passengers, ride-sharing will reduce cost per passenger. Return journeys can be made profitable by helping riders connect with drivers. Ride-hailing services market size- $7.26 bn (2028) with 287.40mn users. Majority of India resides in Tier 2 and beyond cities and villages, the number being >70% (approximately 1 billion people). We can expand user base to approx 500mn or more, and hopefully capture significant market share. COMPETITION - Ola,Uber, Rapido,InDrive PROGRESS - MVP phase

5 Replies

Replies (5)

Tapan

Hey I am on Medial • 1y

The idea seems good,but how will you begin accomodating users? Will you choose to onboard drivers or riders first? As brilliant the idea seems, there is going to be operational issues. Best of luck with your plans.

1 Reply

Anushree Dutta

Hey I am on Medial • 1y

Looking forward for its accomplishment👍🏻

1 Reply

Niket Raj Dwivedi
•

Medial • 1y

🚀

1 Reply

Sainmitre Passah

Hey I am on Medial • 1y

Creative thoughts bruh

Pranav Varshney

SRCC | Bluestone Con... • 5m

Great idea! I agree with the fact that tapping tier 2 and 3 can prove vital in deciding the future of ride hailing services. However, I have a few fundamental questions about this: 1). Usually, the cost of a ride in an e-rickshaw is very cheap, mostly ranging between Rs.10-20 in tier 2 cities. How would profitability and margins be achieved since the customers would not be willing to pay a higher amount because of the easy accessibility to e-rickshaws in general? 2). Usually the distance covered in e-rickshaws is not really long, usually ranging between 1-5 KMs. This will again serve as a deterrent for high-tocken sized rides. 3). E-rickshaws are more easily accessible than cabs. Only does not really need to make much effort to get an e rickshaw for a ride. Why would a consumer take the inconvenience of downloading an app and waiting for a ride?

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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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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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lohith pasunuri

Try it!!! • 3d

hello everyone , can I talk to someone that work with rapido , ola or uber

Vikas Acharya
•

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Rapido winning against Ola and Uber in India ? here is a case study by backstage with millionaires.

VCGuy

Believe me, it’s not... • 4m

Rapido foraying into Food Delivery could be a game-changer esp. following its disruptive impact on ride-hailing services. 🗓️Back in 2017 → Uber via 'Uber Eats' made a similar attempt but struggled to compete with Zomato/Swiggy. So, why does Rapido

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Harsh Dwivedi
•

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Rapido entered Ride hailing 5 years after Ola launched. Now Rapido is entering Food Delivery 5 years after Swiggy launched. At this rate, Rapido will launch its quick commerce app in 2029.

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Anonymous

Hey I am on Medial • 6m

what would be the mostly faced problems by uber ,ola ,rapido or any cab /ride sharing platforms , from micro level and macro level let it be pricing or company or service or etc would like to get all ur views oon them

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SHUBHASH PANDEY

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How much investment is required to start online Cab service like Uber ola in tier 2&3 cities .. any idea ??

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Rohan Kute

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OLA, Uber, and Rapido will now follow fare rates approved by the Maharashtra government. How will this impact their business? What’s your opinion on this?