Rapido becomes unicorn with $200 million funding, enters 4-wheeler market

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Rapido becomes unicorn with $200 million funding, enters 4-wheeler market - Business Standard

Quick Summary:

A few years back, we were just a two-wheeler player, but now we’re a significant three-wheeler operator.

In some cities, we’re already larger than one of the incumbents in four-wheelers, and now we want to make that journey and become a significant number 2 player.

Similar to ONDC, Rapido also provides auto-rickshaw and four-wheeler cab services through a subscription model.