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Jan 8, 2024 · From initially facilitating 500 rides daily to 1.5 million rides now, Rapido's rise is a testament to its ground-level awareness of real problems. In the rule book of running a...
- Prerna Lidhoo
- About Rapido
- Rapido Business Model
- What Makes Rapido Unique from Its Competitors?
- How Does Rapido Make Money | Revenue Model of Rapido
- Conclusion
- FAQs
Rapido is an Indian bike taxi and logistics service provider headquartered in Bangalore, Karnataka. Formerly known as the theKarrier, the company was founded in 2015 by two IIT alumni and PESU alumni - Aravind Sanka, Pavan Guntupalli, and Rishikesh SR. Hero MotoCorp Chairman Pawan Munjal and former Google India vice-president Rajan Anandan are peop...
With a mission to provide easy access to bike services, the business modelof Rapido is mainly B2C (Business-to-customer model). This means that they offer their services directly to their customers as a business entity themselves. In addition to this, they have also leveraged vehicle storage options to provide carriage services. Moreover, the end r...
One of the most important things to look at in Rapido's services is its affordability. For daily commuters, Rapido seems to be the perfect mode of transport. At any time, either day or night, a tra...They provide helmets for safety.The app has easy accessibility because it is available in five major languages.There is also a speed-tracking feature that lets the Captains know their speed.Rapido makes money through its bike services and rental services. Rapido's revenue modelis mainly of two categories:
It is quite clear by looking at the business model of Rapido, that customers and drivers both benefit greatly. By always making constant app updates and improving the system, they wish to make their app user-friendly for every walk of life. They are soon going to launch special and simplified features for visually challenged people. Since its incep...
How does Rapido make money?
Rapido earns money by charging a fee of 20% of the entire fare. The company also earns from its logistics services. Visit their website to learn about the Rapido fares chart.
Who are the founders of Rapido?
Aravind Sanka, Pavan Guntupalli, and Rishikesh SR founded Rapido in 2015.
What is the business model of Rapido?
The business model of Rapido is mainly a B2C, business-to-customer model. This means that they offer their services directly to their customers as a business entity themselves.
Sep 5, 2024 · Rapido is a Bangalore-based Indian online bike taxi aggregator, which was founded in the year 2015. It operates in 100+ cities across the country and also travels to various places in and around them. It has got more than 15000 registered riders a day. Rapido - Industry. The bike taxi market in India was last valued at $50.5 million in 2021.
- November 2015
- Mobility Tech
- Bengaluru, Karnataka, India
May 2, 2021 · Rapido is the bike taxi service provider, which connects travelers to drivers for the short-distance drives. It is fundamentally a bike taxi form of Uber, a lot less expensive and more helpful in...
Nov 20, 2023 · Rapido is an auto and bike ride-hailing platform founded in 2015, currently running operations in more than 100 cities in India. Even though Rapido only provides bike and auto services, it has...
A product roadmap clarifies the why, what, and how behind what a tech startup is building. This week, we take a closer look at bike-sharing startup Rapido, which scaled its product to launch in...
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What is Rapido & how does Rapido work?
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Feb 21, 2023 · Read more about Rapido - India's leading ride-hailing service. Explore Rapido Business Model, Marketing Strategies, Funding, Growth & Future.
