Rapido proposes Rs 150 cr investment in mobility, infra segment in Bengal

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Rapido proposes Rs 150 cr investment in mobility, infra segment in Bengal - Business Standard

Quick Summary:

Announcing the signing of an initial pact with the state's transport department to this effect, Rapido said as part of the partnership it will introduce a dedicated fleet of pink-coloured two-wheelers and four-wheelers, driven by women captains, ensuring a secure and comfortable experience for female passengers under its Pink Mobility Initiative, a programme designed to provide safe and reliable commuting options for women.

Ride-sharing platform Rapido has proposed to invest Rs 150 crore in the mobility and infrastructure segment in West Bengal with majority of the investment expected to go into urban mobility, the company said on Thursday.

Currently, executing 1 lakh rides per day across Bengal, Rapido's operations have become an integral part of daily commuting in the state, the company said.