Rapido overtakes Uber, Ola in India downloads with cheap bike taxis and low-fee subscription model
Rapido's motorcycle-taxi push and ₹9/day subscription model have driven it to first profitability and a leading download position in India, pressuring Uber and Ola to roll out zero-commission options. Fares starting at ₹20 target a 1.4 billion-person market as Rapido eyes a public listing.
Rapido is outpacing Uber and Ola in India downloads via cheap motorcycle taxis and a low subscription-fee model, achieving first profitability and eyeing a public listing, forcing rivals to adopt zero-commission options.