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Medial • 9m
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.
Believe me, it’s not... • 3m
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
See MoreFull Stack Web Devel... • 9m
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
See MoreHey I am on Medial • 1m
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
See MoreFounder - Burn Inves... • 8m
Just as we look at India’s second-hand car market, we can similarly look at India’s second-hand mobile market. There is still a significant gap here, especially in Tier 3 and Tier 4 cities. While there are some startups in Tier 1 cities, no one is cu
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