Rapido (company)
Rapido is an Indian bike taxi and auto rickshaw aggregator and on-demand delivery platform. Founded in 2015, the company provides users with a mobile app through which they can book transportation services, primarily short-distance rides, using motorcycles or auto rickshaws. Rapido operates in numerous cities across India and aims to offer a convenient and affordable alternative to traditional taxi services, particularly for navigating congested urban areas. The company vets and onboards drivers, often referred to as "Captains," and facilitates ride booking and payment through its platform. Rapido also provides delivery services, enabling users to send and receive packages within their city. The business model relies on connecting users with available drivers in real-time, charging a fare based on distance and demand. Rapido faces competition from other ride-hailing services and local transportation providers. The company has attracted significant investment and continues to expand its reach within the Indian market.