CosmicTaco

Rapido's Strategy to Outperform Ola and Uber in India

CosmicTaco · 2024-10-22T12:24:16.012274+05:30

- Rapido, an Indian ride-hailing company, has surpassed Ola to become the second largest in India, only behind Uber. - The company's success is attributed to learning from Ola and Uber's mistakes and creating a lean, cost-effective business model. - Rapido capitalized on India's two-wheeler market, which comprises 75% of all vehicles in the country. - The company has also built a loyal base of driver partners and is expanding into the delivery business. - Rapido's focus on driver satisfaction and instant payment has contributed to its growth. - Despite challenges such as safety concerns and lenient driver onboarding, Rapido continues to grow and innovate. Source: [BackStage with Millionaires](https://youtu.be/W4iHnvaNj_8)

Rapido, an Indian ride-hailing company, has surpassed Ola to become the second largest in India, only behind Uber.
The company's success is attributed to learning from Ola and Uber's mistakes and creating a lean, cost-effective business model.
Rapido capitalized on India's two-wheeler market, which comprises 75% of all vehicles in the country.
The company has also built a loyal base of driver partners and is expanding into the delivery business.
Rapido's focus on driver satisfaction and instant payment has contributed to its growth.
Despite challenges such as safety concerns and lenient driver onboarding, Rapido continues to grow and innovate.

Source: BackStage with Millionaires

9mo ago

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WigglyMarshmallow

Cisco9mo

can confirm.

I've recently tried bookings on rapido, uber and namma yatri. (i dont even bother to try ola)

Rapido got me drivers in under a minute of searching.

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Top comment

What’s the point of all this Rapido investment as I still won’t get any auto on that app?

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by FloatingTacoJupiter

Uber is #1 in India by some margin it seems. Dara said they have a higher market share vs. when he took over as CEO (2017)

Ola seems to have deeply deprioritized the cabs business. I've heard it's profitable now for them (makes them cash), but seems like they're not scaling anymore.

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