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PRATHAM
•

Medial • 1y

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 for ride-hailing. Boom—Rapido pivoted faster than your you switching plans. Now, here’s where it gets interesting. Financially, Rapido’s raised around $300 million, a fraction of the billions Uber and Ola have raised. But somehow, Rapido’s standing tall as India’s second biggest ride-hailing company. Their trick? Focus on Tier 2 and Tier 3 cities. Uber and Ola are busy showing off in metros, while Rapido’s out here in smaller cities where people care more about the work and service in cheapest price. By sticking to bike taxis, they keep things lean and fast. And because they focus on affordable rides, they win over the cost-conscious Indian customer who’s trying to save every rupee. Driver onboarding is a breeze for Rapido. Their hiring process basically: “Have a bike? Cool, you’re in!” It was like a side hustle for a guy with a bike. Their pricing was awesome along with speeeed. While the cabs are struggling with the traffic. Bike taxis takeover the traffic in no time especially in tier 1 cities. Rapido is all about playing smart with limited resources. They’re not wasting cash like the rich guys on YouTube do. They’re betting on affordability, speed, and making the most of India’s chaotic traffic system. If you’re an entrepreneur, that’s the golden lesson ; work with what you’ve got and aim for speed. You don’t need a billion-dollar budget to make a big impact.

10 Replies

Replies (10)

Arcane

Hey, I'm on Medial • 1y

As an entrepreneur, you have to be frugal

1 Reply

Anonymous 1

Hey I am on Medial • 1y

Rapido's model may seem effective now, relying heavily on bike taxis could be risky as the market evolves.

1 Reply

Vishu Bheda
•

Medial • 1y

Bike wali taxi

PRATHAM
•

Medial • 1y

check out this video as well

Rishi Chavan

Inquisitive • 1y

it should start bike taxi again in Maharashtra!!!!!!!

Giggity

Memes,games, startup... • 1y

compared to ola and uber rapido is 5 percent extra

Anonymous 3

Hey I am on Medial • 1y

Talk about taking “last-mile connectivity” to the next level.

Anonymous 2

Hey I am on Medial • 1y

They might need to diversify their services in the future to stay competitive against bigger players like Uber and Ola but they are getting there.

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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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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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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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Why don't Rapido Riders use these types of Rain Covers. Even in the rainy season they will have Huge demand. Much Useful for Bike Taxis

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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

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How a ₹60 Bike Ride Disrupted Billion-Dollar Giants like Ola & Uber? While Ola and Uber fought for dominance in India's metros, Rapido quietly conquered Tier 2 and 3 cities with one simple idea: affordable, fast, and reliable bike taxi's. Here’s ho

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