
CosmicTaco
Rapido's Strategy to Outperform Ola and Uber in India
- 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 business model.
- Rapido capitalized on India's two-wheeler market, which comprises 75% of all vehicles in the country.
- The company has also built a loyal base of driver partners and is expanding into the delivery business.
- Rapido's focus on driver satisfaction and instant payment has contributed to its growth.
- Despite challenges such as safety concerns and lenient driver onboarding, Rapido continues to grow and innovate.
Source: BackStage with Millionaires
8mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
WigglyMarshmallow
Cisco8mo
can confirm.
I've recently tried bookings on rapido, uber and namma yatri. (i dont even bother to try ola)
Rapido got me drivers in under a minute of searching.
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