Rapido

- 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 influence in India's mobility sector, challenging the dominance of Uber and Ola, and aiding Swiggy in its competition against Zomato in the food delivery market. - Rapido's focus on two-wheeler transportation has allowed it to overcome challenges faced by traditional cab services, leveraging the widespread use of motorcycles and scooters in India's congested cities. - Swiggy, which led Rapido's previous funding round, has found a valuable delivery partner in Rapido, enhancing work opportunities for Rapido's drivers and planning to increase its stake post-IPO. - Rapido's latest funding round also saw participation from Khazanah, Malaysia’s sovereign wealth fund, marking it as the third Indian startup to achieve unicorn status this year, following Perfios and Krutrim. Source: Techcrunch

What's your thought on banning bike taxis and shared rides? Being born and brought up as kannadiga, I feel RTO people snatched employment opportunities from students and part time earners.

I travel regularly, and today prices are 20 rupees higher for 8 kms on all the apps: Uber, Ola, Namma Yatri, and Rapido.

throw some light

I belong to Product and engineering team

Apparently there was a decision to layoff 20% of workforce which was revoked at last minute by leadership. Good sign or not? Could signal lack of forethought among those at top. What do you guys think?

So in my last 4 rapdio bike rides, OTP was same 9996 How is this possible?

Auto driver was harassing the person because he took rapido bike for his office. When will this stop in bengaluru why auto drivers consider them as don of Bengaluru?