Rapido to Electrify Entire Bike-Taxi Fleet in Delhi by Next Year

Rapido has teamed up with IndoFast Energy to roll out 10,000 Piaggio electric vehicles with swappable batteries across India. This plan includes setting up over 300 battery swapping stations in Hyderabad and Bangalore by December 2024, m...

• Rapido, a ride-hailing platform, completes 2.5 million trips daily, surpassing Ola and Uber's daily rides.
• Started as a bike taxi firm in 2015, Rapido expanded to autorickshaws and cab services, with bike taxis remaining its core bus...

• 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...

• Rapido, an Indian ride-hailing company, has surpassed Ola to become the second largest in India, only behind Uber.
• The company's success is attributed to learning from Ola and Uber's mistakes and creating a lean, cost-effective bus...