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'The zero-commission model has helped us scale up rapidly'
Financial Express Lucknow
|April 30, 2025
Since its debut 10 years ago, Rapido has expanded its suite of services to include three and four-wheeler rides, rides for women, and even courier delivery in some cities.
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There are also reports that the company would be making its way into food delivery, having initiated a pilot project in Bengaluru. While refusing to comment on that move, co-founder Pavan Guntupalli spoke to Christina Moniz about the challenges the service faces with state regulations and the growth potential in the offline market.
Edited excerpts:
What are your expectations from newly added services like Metro Rides and Rapido Pink?
Since the pandemic, we have transitioned from being a bike taxi service to offering three-wheelers and four-wheeler rides as well. We are looking at growing these segments further. The new Rapido Pink for women passengers has women-only captains (or drivers), and we expect it to be a great entry point for women consumers to try the bike taxi experience and become more comfortable with it. We plan to expand this service aggressively to about 25 cities.
This story is from the April 30, 2025 edition of Financial Express Lucknow.
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