Rapido Founders Booked in Nagpur Over Illegal Bike Taxi Operations
Rapido founders face charges in Nagpur for running petrol-powered bike taxi services without Maharashtra RTO permission, with a vehicle seized under the Motor Vehicles Act. The action underscores mounting regulatory risk for the mobility platform, which also operates food delivery app Ownly and competes with Uber and Ola.
Rapido founders booked in Nagpur for operating petrol-powered bike taxi services without Maharashtra RTO permission, seizing a vehicle under the Motor Vehicles Act. Highlights regulatory risk for the mobility platform, which also runs food delivery app Ownly.
Why this matters
The booking adds regulatory pressure just as Rapido expands beyond mobility, tying up with BigBasket, Big Bazaar and Spencer's for last-mile essential deliveries across 90 cities.
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