RAPIDO CASE STUDY

RAPIDO CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS

CEO : Aravind Sanka

RAPIDO BUSINESS MODEL

Rapido is a Bangaluru based startup which provide two-wheeler taxis. Rapido is founded in 2015 by CEO Aravind sanka. Rapido is basically a mobile application which help user to find and book for two-wheeler taxis.

FUNDING

Total funding of RAPIDO is $65.3 million.

AUG 2019 Rapido raised  $54.3 million in series B

JULY 2019 RAPIDO raised $216.6K in Series A

JAN 2019 RAPIDO raised $10 million in Series A

NOV 2017 RAPIDO raised $329.2K 

SEPT 2017 RAPIDO raised $422K 

 

INVESTORS

Westbridge Capital, Integrated Capital, Thompson Taraz, Astarc Ventures.

COMPETITORS

BOUNCE, VOGO, BIKXIE, ONN BIKES, WHEELSTREET, YULU, DRIVEZY, SNAPBIKES, ROYAL BROTHERS AND BOOK MY AD.

CITIES

GURUGRAM, MYSORE, VIJAYWADA, BHOPAL, BHUBNESHWAR, PATNA, TRICHI MADURI, COIMBATORE, VISHAKHAPATNAM AND INDORE

DISCOVER

FOUNDED :  2015

RAPIDO ESTIMATED ANNUAL REVENUE: $2 million

HEADQUARTERS: Bengaluru, Karnataka.

INDUSTRY SECTOR: Application software.

FACEBOOK FOLLOWERS: 91,493

TWITTER FOLLOWERS: 1841

CITIES LAUNCHED: 10

EMPLOYEES: 486

 

APP

RAPIDO app is available on playstore with start 4.5. Easy to use , you can book a ride with in just two taps on your phone it will save your frequent destinations and get ready to go. Shower caps and helmets for all your rides will be provided by Rapido for your safety and hygiene. if it is about safty, don’t worry all captains of Rapido are verifie professionals and rapido also provide insurance on all your rides fares are resionable and suits your pocket.

FEATURES

 

EASY RIDES BOOKING

HELMETS AND SHOWER CAPS

INSURED RIDES

ECONOMICAL RIDE

Thanx for reading

RAPIDO CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS

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