Rapido - PioneerNewz

On Polling Day, Delhi Voters to Get Free Ride on Bike Taxis from Booths to Their Homes

May 9, 2024 by Jasper Briggs

Last Updated: May 09, 2024, 21:40 IST Rapido has a pool of eight lakh bike drivers in Delhi with a subscriber base of 80 lakh (Representative Image) As per the arrangement with Rapido, eligible voters in Delhi will be provided with an option to avail a free of charge ride from the polling booths to … Read more

Rapido posts Rs 675 cr in losses in FY23, revenue up 3X

January 14, 2024 by James De Niro

New Delhi: Bike-taxi startup Rapido saw its losses surge nearly 54 percent in the last fiscal year (FY23) to Rs 675 crore, from Rs 439 crore in FY22. An increase in riders’ cost, IT and employee benefits were behind Rapido’s surging losses in the last fiscal year. Incentives and charges paid to riders accounted for … Read more