Rapido claims 35-40% ride-hailing share, eyes 500 cities and food delivery push
Co-founder Aravind Sanka says Rapido has onboarded 25% of India's 2M cab drivers via its subscription model and now commands 35-40% of the ride-hailing market. Backed by a $240M raise, the platform is targeting 500 cities, an e-rickshaw rollout, and a food delivery pilot in Bengaluru over the next 24 months.
Rapido claims 35-40% ride-hailing market share and onboarded 25% of India's 2M cab drivers via subscription model. Backed by $240M raise, it plans expansion to 500 cities, e-rickshaw entry, and food delivery pilot in Bengaluru.