Indian bike taxi service Rapido raises $52 million
Rapido is bike taxi service in INDIA same like bykea in pakistan.
Rapido Bike Taxi is a platform where people can book a bike ride through a mobile app to and from the destination of their choice. It also provides an opportunity for people with a two-wheeler to become a ‘Captain’ on the platform to offer rides on their bikes and make some extra money in their spare time
Rapido is Indian Famous and first and fastest - growing Bike taxi service His app with a whopping 25 Million+ app downloads. Rapido are now running operations in more than 100 cities of India .
Rapido service crossed 10 million happy customers and 100 million rides. Rapido is here to revolutionize intra-city travel as it bring your redefined comfort.
Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market.
The six-year-old startup’s new funding — Series C — was financed by Shell Ventures, Yamaha, Kunal Shah of CRED, Amarjit Singh Batra of Spotify India, and Positive Moves Consulting. Existing investors Pawan Munjal of Hero Group, Westbridge, Nexus Venture Partners and Everblue Management also participated in the round, which brings its to-date raise to over $130 million.
Founded in 2015, Rapido Bike Taxi has been making life easier for people, solving the ever-growing intra-city commute problem in the most economical way.
It Work same like BYKEA in Pakistan People can Book their ride trough a mobile application and set their destination and bykea rider come to the exact location and pick their rider,
after drop bykea customer a rider check their bykea application and check balance a and tell to rider and they pay the exact amount
rating : after successful ride a bykea rider ack their customer plz rate us 5 star its effect on their monthly bonus.