Separately, Rapido—that also has autorickshaws on its platform—was refused a licence to operate in Maharashtra. Even Delhi banned bike-taxis for violating the Motor Vehicles Act, while Madurai ...
Aravind Sanka, the company's CEO, told ET that the funds will be used to expand Rapido's newly launched four-wheeler taxi service, which competes with Ola and Uber. Venture capital fund Nexus ...
Since its launch in 2015, Rapido has had a steady but frugal journey. It chose not to expand beyond Bengaluru in the first three years of its existence. Its first large round of Rs 52 crore in ...
Pavan Guntupalli faced rejection from 75 investors but didn’t give up. In 2014, he started the Rapido bike taxi service. In ...
In an unusual incident in Hyderabad, a Rapido bike taxi rider had to push his bike with a customer on it after he refused to get down when the vehicle ran out of petrol. When fuel got over ...
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Rapido then approached the Supreme Court ... "However, legal issues associated with bike taxi and resistance from local public transport operators restrains the market growth," the report cautioned.
The aggregators including the likes of Uber, Ola and Rapido, are looking to get a stay on the ban, Business Standard reported. Delhi also happens to be the biggest market for bike taxis ...
of which 70,000 are used as taxis. Eve Kayiranga, manager of SAFI Universal Link, one of several Rwandan firms selling e-bikes, welcomed the announcement as "a significant step forward for a ...
"Bike taxis and autos are preferred for shorter commutes ... and reliable transportation services to its users. Also Read: Rapido takes on Ola, Uber with ‘low-cost’ airport cab service ...