Rapido launches Mumbai operations

The platform currently caters to auto rickshaw and bike ride-sharing segments. It offers bike-taxi service to customers across 100 cities including tier-2 and tier-3 cities while the auto rickshaw services are available in 14 cities across 10 states.

"The pandemic gave us an opportunity (to enter the Mumbai market) ... It left almost eight million daily commuters of Mumbai looking for alternate modes of travel. As the city builds back from COVID-19, there is a demanding need for an accessible, affordable, and safe everyday commute option. "We believe Rapido with its innovative and successful model will be able to address that need," said Aravind Sanka, Co-founder, Rapido in a release.

He said that Rapido is currently present in almost 100 cities pan-India with over 15 million registered 'captains' (bike drivers), Rapido said adding that "with the launch of Rapido in Mumbai, we want to target the daily local commuters and provide them with an accessible, affordable and first and last mile connectivity option to commute." "Mumbai is a big city and Rapido sees a lot of potential to grow here as the opportunities are vast, he added. Rapido fares in the city will be as low as Rs six per km and as an introductory offer, customers can avail an up to 50 per cent discount on the first ride, the release said.

"We also plan to provide earning opportunities as our aim is to onboard two lakh captains on Rapido's bike taxi platform in the next two years," Sanka said.