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Rapido News

13 Nov 2024

Swiggy-Backed Rapido Sees Net Loss At Rs 371 Crore In FY24

The company saw its bank balance (excluding cash equivalents) declined 88 per cent to Rs 16.39 crore in FY24, as per its financials with the Registrar of Companies.

22 May 2024

Meet IIT Graduate Who Got Rejected By 75 Investors But Built Rs 6700 Cr Firm

The story of Pavan Guntupalli, an IIT graduate who faced over six dozen reactions, is not only exceptional but also inspirational.

24 Apr 2024

LS Election 2024: Rapido Offers Free Rides For Voting In Ghaziabad On April 26

In the second phase of voting in the Lok Sabha election, 89 constituencies across 13 states and Union Territories will go to vote.

14 Jan 2024

Rapido Posts Rs 675 Cr In Losses In FY23, Revenue Up 3X

In FY23, Rapido, a bike-taxi startup, reported a 54% loss increase to Rs 675 crore.

02 Aug 2023

Bengaluru Man's Epic Rapido Cab Adventure: 45 Minutes Ride Turns Into 3.5 Hrs

"Rapido wait time getting out of hand. Gotta wait for more than 3.7 hours for 45 minutes travel @peakbengaluru #rapido #Bengaluru #peakbengaluru," the user tweeted.

24 Jul 2023

Bengaluru Woman Alleges Rapido Driver 'Masturbated' Mid-Way While Driving, Arrested

Bengaluru Police arrested a Rapido bike driver on Saturday after a woman alleged that he masturbated while riding a bike and harassed her on Whatsapp after dropping her at the destination.

12 Jun 2023

Setback For Rapido, Uber As SC Says 2-Wheeler Taxis Can't Run In Delhi For Now

The Supreme Court was hearing two separate petitions by the Arvind Kejriwal's government challenging the Delhi HC order asking it not to take any coercive action against the bike-taxi aggregators Rapido and Uber.

20 Mar 2023

Bengaluru Auto Strike: Over 2 Lakh Rickshaw Drivers Protest Against Rapido

Over 21 auto-rickshaw unions in Bengaluru are agitating to seek a ban on whiteboard bike taxi services in the city with a 24-hour bandh in place.

20 Mar 2023

'I Miss You Lot...': Customer Gripes Pile Up Against Online Delivery Boys

Online boon, or bane? Women customers share their ordeal on social media.

15 Mar 2023

Female Customer Accuses Male Rapido Driver Of Harassing Her; Shares Screenshot

The twitter user shared the screenshot and slammed Rapido for providing this kind of service. Netizens slammed the company and urged to take strict action against the harasser.

20 Feb 2023

Big Blow to Rapido, Ola, Uber: Delhi Govt Bans Bike Taxis in National Capital

Earlier this month, the Supreme Court refused to grant relief to bike taxi aggregator Rapido against the Maharashtra government's refusal to grant licence to it.

13 Jan 2023

Rapido to suspend its service in THIS state up to January 20; Here's WHY

Rapido debuted its bike-taxi service in Mumbai in October and stated that it intended to add two lakh bike drivers to its team in order to grow its business.

13 Dec 2022

Pune Bandh: 37 autorickshaw drivers booked over protest by unions

The autorickshaw unions have demanded that the 'bike taxi' service, operated by Rapido, an app-based aggregator, be stopped in Pune. Rapido Bike Taxi is a platform where people can book a bike ride on a mobile app.

Karnataka govt ban

07 Oct 2022

THIS state govt BANS ride-hailing service Ola, Uber, & Rapido; Check details

Karnataka govt bans Ola, Uber, and Rapido in the state. It takes action after receiving complaints from commuters. Cab aggregators are given 3 days to wind up their services.

16 Aug 2022

Rapido rider in Bengaluru creates award-winning mini-series, netizens react

Jain stated that the rider picked him up from a co-working space. Jain discovered that his driver worked for a Chinese company but was fired after India banned a slew of apps. He described the VIK project as the world's first one-character mini-series produced independently with no crew.

15 Apr 2022

Swiggy leads Rapido’s $180 million Series D funding round

Rapido said it will be investing these funds in all its three categories -- bike-taxi, auto and delivery. In the past, Rapido had raised USD 130 million from various investors.

27 Jan 2022

Uber, Ola among taxi apps collecting most user data; THIS app collects least

Uber is in the third spot while Bengaluru-based Ola is in the sixth place. The ranking has given scores with a total of 18 data points collected. Rapido collects the least amount of data in the ranking among all ride-hailing apps.

26 Nov 2021

Use Ola, Uber’s auto booking service? Get ready to pay 5% GST from next year

The Revenue Department through a notification withdrew the GST exemption available to auto-rickshaws. The amendment shall have a direct impact in the case of e-commerce industry players. The new rule will come into effect from January 1, 2022.

30 Apr 2021

Contributions continue to pour in from domestic, foreign firms in COVID fight

Dream1`'s parent firm has donated Rs 15 crore to GiveIndia and ACT Grants. Uber said it will spend Rs 18.5 crore (USD 2.5 million) to get 1.5 lakh drivers on its platform vaccinated. Salesforce is making a USD 1 million donation to help with COVID relief.

Odd even scheme part 2

14 Apr 2016

Startups offer free rides, bonus for phase 2 of odd-even scheme

With the second phase of odd-even scheme set to be rolled out from tomorrow, ride-sharing apps like 360Ride and Rapido are lining up free rides and scaling up operations to handle higher demand from consumers.

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