🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉

Download App

Home

Switch theme

Blog . Feedback . Privacy
Community Guidelines

Back to feeds

Niket Raj Dwivedi
•

Medial • 10m

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

Stealth • 10m

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 replies30 likes

Replies (5)

Pranav Varshney

Stealth • 11d

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?

0 replies

Anushree Dutta

Stealth • 10m

Looking forward for its accomplishment👍🏻

1 replies2 likes

Sainmitre Passah

Stealth • 10m

Creative thoughts bruh

0 replies2 likes

Tapan

Stealth • 10m

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 replies3 likes

Niket Raj Dwivedi
•

Medial • 10m

🚀

1 replies2 likes

Recommendations from Medial

Dharamkar Ashish

Stealth • 9m

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

15 replies13 likes

Vikas Acharya
•

Medial • 4m

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

0 replies2 likes

VCGuy

Stealth • 5m

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 Competiti

3 replies7 likes

Hiral Jain

Stealth • 8m

Hey everyone! Today we're diving into why Uber couldn't replicate its global success in the Indian market, and why Ola came out on top. Let's find out what went wrong for Uber and what Ola did right! Day 5 of knowing about companies that failed to ac

8 replies12 likes

Pankaj Solanki

Stealth • 2m

Hi all can we make our Taxi buisness app how much total of cost of making, running project, marketing already covered by ola, uber rapido etc how to take over all market

1 replies1 like

Anonymous

Stealth • 24d

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

0 replies1 like

SHUBHASH PANDEY

Stealth • 1m

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

2 replies2 likes

Vishu Bheda
•

Medial • 3d

𝗗𝗮𝘆 𝟯 𝗼𝗳 𝗧𝗵𝗲 𝗜𝗻𝗱𝗶𝗮𝗻 𝗦𝘁𝗮𝗿𝘁𝘂𝗽 𝗪𝗮𝗿 𝗦𝘁𝗼𝗿𝗶𝗲𝘀: 𝗢𝗹𝗮 𝘃𝘀. 𝗨𝗯𝗲𝗿 – 𝗧𝗵𝗲 𝗕𝗿𝘂𝘁𝗮𝗹 𝗥𝗶𝗱𝗲𝘀𝗵𝗮𝗿𝗶𝗻𝗴 𝗪𝗮𝗿 𝟮𝟬𝟭𝟯 – 𝗧𝗵𝗲 𝗔𝗿𝗿𝗶𝘃𝗮𝗹 𝗼𝗳 𝗮 𝗚𝗶𝗮𝗻𝘁 Uber had already conquered cities like New York,

9 replies23 likes

Sarthak Ray
•

CSIR-CMERI • 2m

[Ideation -> MVP] ISSUES * little/no penetration of on-demand rides in semi-urban & rural areas * unaffordable by a large section of Indians (urban/rural) * single carrying capacity of 2W ride-hailing services (Rapido), unsuitable for group travel

0 replies

Sarthak Ray
•

CSIR-CMERI • 2m

Co-Founder Search ISSUES felt * little/no penetration of on-demand rides in semi-urban & rural areas * unaffordable by a large section of Indians (urban/rural) * single carrying capacity of 2W ride-hailing services (Rapido), unsuitable for group tr