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Havish Gupta

Figuring Out • 11m

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 ₹443 crore revenue, and has raised $350 million with an $830 million valuation.

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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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[This post has been deleted by the creator]

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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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Rapido pe Lowest Prices Guaranteed! And they really mean it. I just had a Bike Taxi Ride for free!!! and maybe you could have it too, check if you can apply the code GOFREE to get free rides upto ₹50.

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Founded in 2016 by three friends, Rapido wasn’t even supposed to be a bike taxi service. It started as a logistics company called “The karrier,” but they soon had the realisation: India has 75% of its vehicles as two-wheelers, and no one’s using them

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