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CosmicTaco
CosmicTaco
Grapevine

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

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WigglyMarshmallow
WigglyMarshmallow
Cisco6mo

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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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...
Top comment
user

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