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"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 commission model for drivers, focusing on bike taxis to reduce operational costs and attract part-time drivers. It commands a significant market share in the bike taxi segment and offers guarantees against ride cancellations, enhancing customer trust. > Despite significant losses, the company is focusing on reducing its burn rate and enhancing profitability through new revenue streams like in-app advertising and subscription models for drivers, positioning itself as a strong competitor against established players like Ola and Uber - Follow for more on medial

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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

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Rapido, India’s two-wheeler ride-hailing startup, disrupted the market by focusing on untapped, sub-premium segments. While giants like Uber and Ola catered to premium customers, Rapido targeted smaller opportunities with affordable and fast two-whee

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Stratifyiq

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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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Vikas Acharya

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

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Raj Pareta

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Let's talk about fares during booking bike rides. A big problem when booking bike rides is that drivers often ask for extra cash, even though the fares are already high. If you don't pay, they might refuse the ride. Complaints to customer service som

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Anonymous
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Anonymous

Stealth • 6m

Ride hailing exclusively for women that helps women travelling in night to find the nearest - taxis driven by women - bike taxis by women - autos driving by women drivers This will help women travel safely in the nights without fear

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BluSmart is an Indian electric ride-hailing and charging infrastructure company, focusing on sustainable urban mobility. Launched in 2019, it operates a fleet of electric vehicles (EVs), offering a green alternative to traditional ride-hailing servic

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Varun Sai

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Idea alert! 💡 Please comment after reading whole idea. We're all too familiar with the frustration of trying to find transportation, especially during late hours or in areas where options are limited. But what if every car and bike ride could bec

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MOPURI SHASHIDHAR REDDY

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Idea 💡Alert 🚨 We're all too familiar with the frustration of trying to find transportation, especially during late hours or in areas where options are limited. But what if every car and bike ride could become a chance to connect and share the jou

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VCGuy

Stealth • 2m

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

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