🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

RISHAV SAHA

Grow • 7h

I’m planning to buy 2–3 second-hand Splendors and give them on daily rent to Rapido riders. My idea is simple: the riders will handle all running expenses like fuel, servicing, puncture, and repairs, and they’ll only pay me around ₹100 per day as bike rent. This keeps my risk low because I’m only providing the bike and documents, while they manage the rest. With 2–3 bikes, I can generate a steady monthly income with minimal involvement. And if things go well and the model works smoothly, I can gradually add more bikes and scale it into a proper side business. I want your guidance on whether this approach is practical, sustainable, and the best way to manage riders.

1 Reply

Replies (1)

Ranjit Raj
•

Hewlett Packard Enterprise • 19m

What if they meet with an accident, or any theft caseand the rider just vanishes , and as the bike would be on your name . You would be facing legal consequences. Let me know your thoughts on this

Recommendations from Medial

Ganesh K

Founder of Raiden | ... • 6m

Calling All Bike Owners & Renters! We’re building RideShare, a peer-to-peer (P2P) bike rental platform that connects bike owners with renters—think Airbnb, but for two-wheelers! 🔹 For Bike Owners: Earn passive income by renting out your idle bike

Go for it !

Reconsider !

Votes: 10

Mohd Arafat

Hey I am on Medial • 11m

old bikes and old cars poor price purchase and cating car and bike or one one parts sale bike and cars around purchase of 6000 thousand or profit of 3000 thousands

1 Reply

SUMAN BANERJEE

Senior ISM WP || KAM... • 11m

🏍️ Exciting Startup Opportunity for Bike Enthusiasts! I'm planning to launch a startup focused on bike rides and service workshops, creating a hub for motorcycle lovers and providing top-notch services for bike maintenance. If you're passionate ab

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Hey , do you know what is this ? This Chinese made Ev bike and the price of this ev bike is just 31 thousand only with so many new features. Now you're thinking to import this and sell this in India right ? Firstly if you import ev bikes from Ch

8 Replies

Rishab Pal

Hey I am on Medial • 8m

MotoCare – Revolutionizing Doorstep Bike Servicing in India! Problem: Local mechanics often use duplicate parts, leading to frequent breakdowns, poor performance, and high maintenance costs. Traditional service centers have long waiting times, hidde

jeet nag

Hey I am on Medial • 1y

Startup Idea 💡 We regularly anyhow used bike taxi service from rapido , Uber , ola etc service provider but this days main problem is riders cancellation or they ask extra charges upto the fare which show on app . Let's start a startup which have

7 Replies

Lakshit Singh

Asking Why, Solving ... • 5m

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

1 Reply

Akshay Chandromittal

🚀Building Wheeloy |... • 9m

I have participated in the Medial Startup Showcase with Wheeloy, a service that makes bike care simple and hassle-free. We provide tyre changes at home and bike servicing with pickup & drop-off, so people don’t have to spend hours at a workshop. 🚨

Shubham Dhangar

Hey I am on Medial • 5m

will you rent out your bike, fridge, cooler, anything that is extra. and earn some money??? Yes No (Why)

2 Replies

BOR BEST OF REST

First Bike Taxi with... • 11m

WE ARE GIVING OUR FRANCHISE FOR EVERY CITY AND FOR STATE. DM IF INTERESTED. FIRST BIKE TAXI IN INDIA WITH FEMALE RIDERS. CABS, AUTO, AND MULTIPLE SERVICES APP..