The Bengaluru-based ride-hailing startup Rapido has started to test a feature that allows users to book non-air-conditioned cabs at lower rates. Currently available in beta form, the feature gives users the choice of fare plans for two types of cars, one with an AC and one without. Despite this being
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The rising traffic in most of the cities these days has become an unavoidable problem. Getting stuck in traffic in today's metropolitan cities is one of the inescapable situations. More often, there comes a time when you have to reach a destination, but there is no way for
More than a year after rival Rapido extended its subscription fee-based strategy to vehicles, ride-hailing service provider Uber has introduced a software-as-a-service (SaaS)-based zero commission model for drivers throughout India. According to a notice on the app, Uber will only serve as a technological platform that links passengers and
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Rapido is one of India's largest bike taxi services that gives people very affordable, fast, and hassle-free last-minute connectivity apps. The app itself is very user-friendly, and combined with a price factor makes its services extremely efficient in changing urban mobility. Started by Aravind Sanka, Pavan Guntupalli, and
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India is becoming the world's fastest-growing startup ecosystem with 118 Unicorn Startups, as of January 2025. In today's world, unicorn startups are not as uncommon as before; however, building a unicorn startup is not easy. It takes a lot of hard work, commitment, and perseverance throughout
Capital-rich transportation giant Rapido has revealed aspirations to grow from its existing presence in 120 locations to 500 nationwide. According to a statement from the firm, the growth plan will begin in February and be implemented progressively in several phases, with the goal of meeting the various transportation demands of
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Ever wondered how a simple idea can transform urban travel? Meet Aravind Sanka, one of the masterminds behind Rapido, India's go-to bike taxi service, valued at $1.1 billion in 2024. A seed of an idea for what eventually became Rapido was likely sown in Aravind’s mind
According to reports, Dutch investment firm Prosus is nearing $60 million (INR 503 Cr) in funding for Indian ride-hailing unicorn Rapido through a combination of main and secondary share sales. According to insiders, Rapido's current $200 million funding round will include this additional funding. The conditions of the
Arvind Sanka, the co-founder and chief executive officer (CEO) of the ride-hailing startup Rapido, has informed a media outlet that the company is investigating the possibility of converting its bike-taxi service in Delhi to an all-electric mode within the next year. This would be accomplished through partnerships with companies like
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India’s mobility tech sector, while unorganised, has seen unprecedented growth in the last decade. This is largely due to inadequate public transport infrastructure and an increasing demand for convenience and affordability. In the coming years, the shared mobility sector is set to witness greater democratisation and reach nearly 15
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The startup ecosystem has grown over the past few years because many venture capital firms are investing in the early stages of upcoming startups. One such homegrown early-stage investing firm is Nexus Venture Partners, which was founded by successful entrepreneurs Suvir Sujan, Sandeep Singhal and Naren Gupta in 2006. The