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Rapido denies involvement in ₹331-crore trail found in driver's account

Ride-hailing firm Rapido has denied having any involvement in an investigation being carried out by the Enforcement Directorate in the Rs 331-crore money deposit trail in a bike taxi driver account, the company said on Saturday. The driver's bank account received deposits worth Rs 331.36 crore between August 19, 2024, and April 16, 2025, according to ED officials. This was a classic case of a "mule" account being used to pump dirty money. A mule account is used to funnel illicit funds generated from financial crimes, and the actual owner is not its user. Such accounts are created using fake or hired KYC, where someone lends their account in lieu of a commission. The ED officials stumbled upon the Rapido bike driver while investigating the 1xbet online betting-linked money-laundering case. Rapido said that it is providing the required information to the Enforcement Directorate. "The individual mentioned is one of the two crore registered captains associated with us for bike taxi ..

Rapido denies involvement in ₹331-crore trail found in driver's account
Updated On : 29 Nov 2025 | 11:43 PM IST

8 in 10 app taxi users report dark patterns on ride-hailing apps: Survey

About 59 per cent of app-based taxi users said they have faced hidden charges -- fees not shown upfront but added at the end of the ride

8 in 10 app taxi users report dark patterns on ride-hailing apps: Survey
Updated On : 11 Nov 2025 | 8:01 PM IST

Uber to pilot women-only ride option in the US for safer travel experience

Uber has launched a women-only ride option in the US, starting in Los Angeles, allowing women riders and drivers to choose each other for a safer travel experience

Uber to pilot women-only ride option in the US for safer travel experience
Updated On : 23 Jul 2025 | 10:03 PM IST

Airports become key battleground for cab companies after BluSmart closure

With BluSmart suspending metro operations, Uber, Rapido, and others are intensifying their push into high-growth airport routes, driven by a steady rise in domestic air passenger traffic

Airports become key battleground for cab companies after BluSmart closure
Updated On : 11 Jun 2025 | 11:07 PM IST

Gensol's Jaggi brothers: The rise and fall of serial entrepreneurs

The web of companies they created has now come to haunt them, especially when their latest creation BluSmart was just catching the public eye and the Jaggis were walking into stardom

Gensol's Jaggi brothers: The rise and fall of serial entrepreneurs
Updated On : 18 Apr 2025 | 11:55 PM IST

BluSmart halts bookings in NCR, Bengaluru as Sebi probes fund diversion

BluSmart co-founder Anmol Singh Jaggi has been accused by Sebi of diverting ₹26 crore from Gensol for personal expenses, including transfers to linked entities

BluSmart halts bookings in NCR, Bengaluru as Sebi probes fund diversion
Updated On : 16 Apr 2025 | 3:54 PM IST

Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25

Low-cost mobility platform reports more than two-fold increase in gross order value of Rs 2,461 cr in Q2 FY25

Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25
Updated On : 14 Nov 2024 | 4:20 PM IST

EV ride-hailing service provider BluSmart raises $24 million in funding

BluSmart has raised $109 million across its seed and Series A rounds to date

EV ride-hailing service provider BluSmart raises $24 million in funding
Updated On : 15 Jul 2024 | 8:33 PM IST

BluSmart launches 100% all-electric premium limousine service in UAE

Ride-hailing app said that its chauffeur-driven luxury service in Dubai will commence with a premium Audi e-tron car fleet

BluSmart launches 100% all-electric premium limousine service in UAE
Updated On : 03 Jun 2024 | 4:16 PM IST

Electric vehicle operator BluSmart touches milestone of 7,000 EV fleet

BluSmart operates in Delhi NCR and Bangalore using car models such as Tata Tigor EV, MG ZS EV, and BYD E6

Electric vehicle operator BluSmart touches milestone of 7,000 EV fleet
Updated On : 14 Mar 2024 | 2:03 PM IST

Uber CEO Dara Khosrowshahi takes a bus ride during his India visit

Khosrowshahi explored the Uber Shuttle in Bengaluru along with members of the Uber Tech team that is building the product for India and the world

Uber CEO Dara Khosrowshahi takes a bus ride during his India visit
Updated On : 23 Feb 2024 | 12:21 AM IST

Ride-hailing app Namma Yatri begins operations in Chennai, plans expansion

With nearly 10,000 drivers already on board, Namma Yatri plans to add 100,000 drivers in the next six months, the company said

Ride-hailing app Namma Yatri begins operations in Chennai, plans expansion
Updated On : 29 Jan 2024 | 7:22 PM IST

Switzerland-based responsAbility to invest up to $25 million in BluSmart

The announcement said that the investment will help BluSmart expand its EV charging infrastructure across the country

Switzerland-based responsAbility to invest up to $25 million in BluSmart
Updated On : 29 Jan 2024 | 2:45 PM IST

Lyft's new CEO David Risher tackles a job requiring some heavy lifting

Even before he joined Lyft's board in 2021, David Risher had taken hundreds of trips as a passenger so he felt like he knew a lot about the ride-hailing service. But he never expected to be thrust into the driver's seat at a time when Lyft was running like a jalopy. I really was gobsmacked, Risher said during an interview with The Associated Press as he recalled being recently asked to replace Lyft co-founder Logan Green as CEO. Risher quickly shook off his initial shock and is now making an effort to reverse the San Francisco company's mounting losses and sagging stock price. Just days after taking over as CEO, Risher came up with a restructuring plan that includes laying off nearly 1,100 employees whose job losses could help him attain stock price incentives potentially worth nearly USD 1 billion. Like any mass layoff, the payroll purge will uproot the lives of those suddenly out of a job while sowing uncertainty among Lyft's remaining 3,000 employees. But Risher believes the deep

Lyft's new CEO David Risher tackles a job requiring some heavy lifting
Updated On : 02 May 2023 | 4:54 PM IST

Delhi most forgetful, phones most likely to be left behind: Uber's index

Commuters are most likely to forget their belongings in Ubers on Saturdays

Delhi most forgetful, phones most likely to be left behind: Uber's index
Updated On : 02 May 2023 | 3:51 PM IST

Uber introduces rear seatbelt reminder, SOS integration with cops in India

Uber announced a slew of new technology-led safety features like audio rear seatbelt reminder, proactively detecting trip anomalies, customer SOS integration with local police and more

Uber introduces rear seatbelt reminder, SOS integration with cops in India
Updated On : 29 Nov 2022 | 2:19 PM IST

Ola shuts in-car infotainment service launched in 2016 as global first

Industry sources say the service was not proving any value to the ride-hailing company

Ola shuts in-car infotainment service launched in 2016 as global first
Updated On : 11 Nov 2022 | 7:06 PM IST

E-commerce firm not liable to pay GST on cab service by third parties: AAR

Experts say Karnataka authority's ruling would not apply to Uber, Ola and other cab aggregators

E-commerce firm not liable to pay GST on cab service by third parties: AAR
Updated On : 10 Nov 2022 | 6:56 PM IST
Uber, Ola auto services 'banned' in Bengaluru; aggregators slash fares
Updated On : 07 Oct 2022 | 10:45 PM IST

Uber rival Lyft freezes hirings amid economic instability, recession fears

Ride-hailing platform Lyft has announced to freeze all hirings amid the economic instability and recession fears

Uber rival Lyft freezes hirings amid economic instability, recession fears
Updated On : 29 Sep 2022 | 11:45 AM IST