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Havish Gupta

Stealthย โ€ขย 7m

How Rapido Dominated the Bike Taxi Genre? So Rapido was founded in 2015 by IIT alumni Aravind Sanka and Pavan Guntupalli. Aravind, once stuck in traffic, realized that bikes could navigate traffic easily and thought of starting a bike taxi company. Thus he started Rapido in Benguluru and they achieved 10,000 downloads within a month of start. However, 3 months later, Ola and Uber entered the bike market and this made it hard for Rapido to compete. With no investors ready to fund, it was struggling until Pavan Munjal, CEO of Hero Motocorp, funded them and also advised focusing on smaller part of a big market! Thus, Rapido targeted tier 2+ cities where people couldn't afford cabs and public transport was crowded. This strategy succeeded, and Rapido's driver satisfaction and safety management helped them dominate the bike taxi sector in India. Today, Rapido holds a 65% market share, boasts a โ‚น443 crore revenue, and has raised $350 million with an $830 million valuation.

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Stratifyiq

Stealthย โ€ขย 5m

Rapido is an Indian bike-taxi and logistics service company, founded in 2015. It operates as a platform where users can book bike taxis for short-distance rides within cities.

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ARUL VEL A V

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[This post has been deleted by the creator]

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Shiv Ram

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Rapido has became a monopoly in the bike taxi segment I have been working with riders and customers asking about services. I have found a few flaws and I started my own bike taxi with the name Quick-e- , So quicker than rapid . Does anyone have the s

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Vikas Acharya

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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

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PRATHAM

ย โ€ขย 

Medialย โ€ขย 4m

Founded in 2016 by three friends, Rapido wasnโ€™t even supposed to be a bike taxi service. It started as a logistics company called โ€œThe karrier,โ€ but they soon had the realisation: India has 75% of its vehicles as two-wheelers, and no oneโ€™s using them

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Inactive

Stealthย โ€ขย 6m

"Karodo ki bikes" is now real thing > Rapido, an Indian ride-hailing startup, has officially become a unicorn after raising $120 million in a Series E funding round led by WestBridge Capital, achieving a valuation of over $1 billion > Rapido has a

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Rajkumar jain

Stealthย โ€ขย 1m

I have a idea for tier three and tier two city for public transportation like bike,auto and taxi service for public

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jeet nag

Stealthย โ€ขย 5m

Startup Idea ๐Ÿ’ก We regularly anyhow used bike taxi service from rapido , Uber , ola etc service provider but this days main problem is riders cancellation or they ask extra charges upto the fare which show on app . Let's start a startup which have

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Pankaj Solanki

Stealthย โ€ขย 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

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Anonymous
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