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