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AprameyaAI • 8m

"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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VCGuy

Believe me, it’s not... • 1m

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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Vansh Khandelwal

Full Stack Web Devel... • 6m

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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Havish Gupta

Figuring Out • 9m

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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Udyamee

Baki sab thik ? • 7m

Rapido has been a lifesaver ❤️. After food delivery apps, something that has made life easier is Rapido. Today, Rapido became a unicorn with a $200 million funding round led by Westbridge at a $1.1 billion valuation. With this funding, Rapido w

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VCGuy

Believe me, it’s not... • 7m

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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Raj Pareta

Explorer • 11m

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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Stratifyiq

Case Studies that In... • 7m

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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Medial • 6m

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

0 replies2 likes

Deepak Nayak

Explore book celebra... • 1m

Just in 🚀 Rapido joins food delivery race against zomato and swiggy 🍛📦 Rapido is planning a subscription based model , that challenges zomato and swiggy by cutting high commission fees.

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yesu raju

"One App, Every Deli... • 3m

"One App, All Rides": The tagline I need a sponsors. emphasizes the core idea that drivers can manage all their ride requests from multiple platforms (like Uber, Ola, and Rapido) within a single app, eliminating the need to switch between differe

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