Rising inflation and stagnant wages are forcing salaried workers into the gig, before and after office hours
Ride-hailing firms have previously struggled with high costs and thin margins, raising questions about the long-term profitability of the segment as Rapido enters the food delivery space
Uber will offer app-based taxi services with dedicated pickup zones, on-ground support, and 24X7 ride options at Noida International Airport for seamless last-mile travel
It is worth noting that Rapido on behalf of Swiggy already does food delivery, as the latter is an investor in the ride-sharing startup
Available both on-demand and as a reserve option, Uber Pet offers riders the choice to book a ride instantly or plan in advance
Ride-hailing service provider Rapido is set to roll out its new fleet of 'Pink Rapido' bikes in Karnataka -- all driven by women, for women -- by the end of this year.The company's co-founder, Pavan Guntupalli, revealed this ambitious plan while answering a query at the 'Global Investment Summit' on Friday here."Our goal is to provide 25,000 job opportunities for women by introducing women captains on Rapido bikes. If a woman can safely travel with an unknown driver, reaching her destination with ease, it can be considered our success," Guntupalli said.He emphasised that the initiative is not just about creating jobs, but about offering women a safe and empowering work environment. "We have implemented several safety measures to ensure a secure ride experience. Even women without advanced education or skills are finding opportunities in nearby towns, which is a matter of pride for us. Around 35 per cent of our workforce comes from smaller cities and towns," he added.Guntupalli also ...
Ride-sharing platform Rapido has proposed to invest Rs 150 crore in the mobility and infrastructure segment in West Bengal with majority of the investment expected to go into urban mobility, the company said on Thursday. Announcing the signing of an initial pact with the state's transport department to this effect, Rapido said as part of the partnership it will introduce a dedicated fleet of pink-coloured two-wheelers and four-wheelers, driven by women captains, ensuring a secure and comfortable experience for female passengers under its Pink Mobility Initiative, a programme designed to provide safe and reliable commuting options for women. Currently, executing 1 lakh rides per day across Bengal, Rapido's operations have become an integral part of daily commuting in the state, the company said. "As part of this collaboration, Rapido will invest Rs 150 crore towards key initiatives focused on electric mobility, women's safety in transportation, and road safety awareness. A significan
We handle close to 3 million rides daily, making us one of the largest players in this segment, said Rapido co-founder Guntupalli
Fastest cities to highest ratings, Uber shares highlights from 2024 in its annual review
This transition could potentially position Rapido as a pioneer in the bike-taxi industry, especially as rivals like Ola and Uber explore eco-friendly alternatives
Working for 55 or more hours per week is associated with a 35% higher risk of a stroke, 17% higher risk of dying from ischemic heart disease
Ola Cabs' shift from Google Maps to their in-house Ola Maps has led to significant annual savings of around Rs 100 crore
The stock jumped about 4.6% in premarket trading in New York. It has more than doubled over the past 12 months
Fleet management company Everest Fleet on Wednesday said it has closed a $20 million funding round led by Uber
Uber is benefiting from its dominant position in key global markets as travel rebounds from a pandemic-induced lull
The Delhi High Court has dismissed petitions challenging the notifications of the central govt's imposed Goods and Services Tax on online booking of autorickshaw rides via ride-sharing applications
Ola is rapidly expanding into other businesses and has made a potentially game-changing pivot to make electric vehicles. Take a look at how 2021 has turned out to be a year of reckoning for Ola
The partnership allows access to Uber's mobility services by sending a message to a WhatsApp chatbot
Customers have complained on social media about longer wait times and higher fares during peak hours as the lack of drivers triggers surge pricing
Didi, one of the largest investments in SoftBank Group Corp.'s portfolio, accelerated its listing plans after its business rebounded as the coronavirus pandemic ebbed in China.