Founded in 2016 by three friends, Rapido wasnโt even supposed to be a bike taxi service. It started as a logistics company called โThe karrier,โ but they soon had the realisation: India has 75% of its vehicles as two-wheelers, and no oneโs using them
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Anonymous 1
Hey I am on Medialย โขย 7m
Rapido's model may seem effective now, relying heavily on bike taxis could be risky as the market evolves.
Rapido foraying into Food Delivery could be a game-changer esp. following its disruptive impact on ride-hailing services.
๐๏ธBack in 2017 โ Uber via 'Uber Eats' made a similar attempt but struggled to compete with Zomato/Swiggy.
So, why does Rapido
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
Affordable Luggage Storage: A Need in Cities Like Bangalore, Hyderabad, and Pune?
What if you could safely store your luggage for just โน500/month while traveling home for a month or two? Students, working professionals, and travelers often struggle
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6 replies9 likes
Inactive
AprameyaAIย โขย 9m
"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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0 replies3 likes
Vinod Rana
Hey I am on Medialย โขย 2m
Weโre building a SAAS platform that enables restaurants, cloud kitchens, and supermarkets to start accepting online ordersโwithout relying on marketplaces or paying high commission fees. Our goal is to give businesses full control over their online s
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0 replies3 likes
Gautam Ambani
Money Magnetย โขย 1y
Aaj Ki Raat, Dhandhe Ki Baat
Risk (Part-1):
In Dhandha, Always Remember,
Don't be a Harshad Mehta, "Risk Hai To Isq Hai",
Be a Babu Rao, "Bilkul Riks Ni Lene Ka He" or say "Calculate The Risk"
Almost all Dhandha have some form of uncertainty & thu
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4 replies7 likes
Account Deleted
Hey I am on Medialย โขย 6m
Zomatoโs platform fee hike to โน10 reflects rising operational costs and the need for sustainable revenue models in a competitive market. While โน10 may seem small, it could affect frequent users. Zomato must justify this increase by improving delivery
Bitcoin Is SurgingโBut One Mistake Could Lead to Mass Bankruptcy
Letโs Understand Todayโs Landscape
Bitcoinโs surge is catching the attention of millions, but itโs far from a safe bet. While some view it as the future of finance, its volatility and
Could AI workload processing be the new crypto mining?
Some companies think so, offering ways to earn by lending your GPU power for AI tasks, just like the old crypto mining days.
Key points:
- Services like Salad pay users to contribute their GP
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5 replies13 likes
Chirag
ย โขย
&OTHERSย โขย 1m
Zomato & Swiggy just got a โRAPIDโ competitor. And itโs not who youโd expect.โ
Rapido โ the bike taxi giant โ is now entering food delivery and theyโre not just testing the watersโฆTheyโre diving in with a zero-commission model.
Yes, ZERO.
While re