Tag: rapido
Rapido: Rapido to soon launch airport pool taxis to Bengaluru airport
Ride-hailing app Rapido is all set to launch pool taxi services to Bengaluru’s Kempegowda International Airport (KIA) early next year, co-founder of Rapido, Aravind Sanka…
60% of unicorn founders achieved $1-billion valuation in maiden attempt: report
About 60% of the 261 unicorn founders in India who built a startup valued at over $1 billion did so in their first attempt, while…
startups funding: Startups raise $10 billion in July-September quarter, down 15% QoQ: report
Startups raised $10 billion in the July-September quarter, marking a 15% decline in total funding compared to the previous quarter, according to a report by…
GST: GST haze holding up funding, innovation at ride-hailing companies
App-based ride hailing services have slammed on the brakes on innovation as well as fresh investments for want of a clarity on the goods and…
Rapido funding: Rapido turns unicorn post $120 million funding from WestBridge Capital
Ride-hailing platform Rapido has raised $120 million (about Rs 1,000 crore) in primary capital from its existing investor WestBridge Capital at a post-money valuation of…
Drivers land better incentives in a crowded ride-hailing space
Increasing competition in the ride-hailing space has resulted in better incentive structures for gig workers in the sector as platforms experiment with their business models…
rapido: Ride-hailing platform Rapido launches SaaS model for auto services
Ride-hailing platform Rapido launched a software-as-a-service (SaaS) model for auto services on Tuesday. The platform aims to transition from a commission-led aggregator model to providing…
rapido loss: Rapido posts wider FY23 loss, threefold growth in revenue
Ride-hailing firm Rapido posted a 54% wider loss of Rs 675 crore in the financial year ended March 31, 2023, even as operating revenue tripled…
Rapido launches cab services: Rapido launches cab services in three cities
Ride-hailing platform Rapido has expanded its services with the official launch of its cab services in three cities on Tuesday. The company aims to expand…
customer grievances delivery workers: Online boom, or bane? Customer grievances pile up against delivery workers
“I miss you lot, nice your beauty, wonderful behaviour,” a Delhi woman received these messages on her WhatsApp from a Swiggy agent, who had delivered…