TVS Motor Co signs deal with Rapido to strengthen hyperlocal mobility biz

Chennai-based two-wheeler major TVS Motor Company has entered into a strategic partnership with Rapido, a leading on-demand delivery and mobility platform. As part of the deal, TVS Motor and Rapido will look to collaborate by leveraging synergies of their respective businesses in the fast-moving mobility market in India.    

By signing this MOU, TVS Motor and Rapido are bringing together their strength in mobility and seamless technology platform, respectively, to deliver a winning proposition to this demanding user base. This partnership will cover both two-wheeler and three-wheeler vehicles and extend across internal combustion engine and electric vehicle segments.

According to