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Rapido takes on Ola, Uber with entry into the cab space

IndiaTimes Tuesday, 5 December 2023
Rapido, a cab service company, is entering the market to compete with Uber and Ola. They have started with a fleet of 100,000 vehicles and aim to meet the various commuting needs of their customers. Rapido Cabs will operate through a SaaS-based platform and drivers will pay a subscription fee. The company ensures direct payment from customers for drivers and guarantees the lowest prices for customers. Rapido currently operates in over 100 cities in India and has a 60% market share in bike taxis.
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