FluffyNugget
FluffyNugget

How is rapido going to make money through cab services ?

throw some light

18mo ago
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ZoomyMuffin
ZoomyMuffin

They cannot. Auto drivers already make way less money. Riders do not want to pay more.

With fuel prices getting expensive and push towards metro and towards public transport (due to outrage), number of trips/resident should decrease. I do not see more than a couple aggregators to survive. Bike taxi was a better alternative due to lower cost and pricing.

FluffyNugget
FluffyNugget

even in bike taxi they are not paid well, so they use loopholes by asking customer directly to pay and complete the ride immediately they hop on

SillyMochi
SillyMochi

Commission

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by CosmicTacoGrapevine

Rapido Becomes a Unicorn with Fresh $120M Funding

  • Rapido, the bike-taxi startup, has reached a $1 billion valuation, becoming the latest Indian unicorn after securing $120 million in a Series E funding round led by WestBridge Capital.
  • The new funding highlights Rapido's growing inf...
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user

What’s the point of all this Rapido investment as I still won’t get any auto on that app?

News Discussion
by CosmicTacoGrapevine

Rapido Eyes Quick Commerce Amid Fierce Competition

  • Rapido, a ride-hailing unicorn, is exploring the quick commerce sector in India, competing with Blinkit, Swiggy Instamart, and Flipkart's Minutes.
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Top comment
user

Kyu karna hai quick commerce! Do it for B2B sector instead, too many businesses would die for faster deliveries.