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RAPIDO EXPENSES
Bengaluru's MNC techie with 6-figure salary turns weekend Rapido rider, sparks viral debate on the city's cost of livingA software developer from Bengaluru has gone viral for working as a Rapido rider on weekends. Despite a well-paying job at a multinational ...- Six-figure salary, MNC job but still driving taxi: Bengaluru techie left surprised after realising who is driver wasA Bengaluru software engineer was surprised to discover that his Rapido bike taxi rider was also a software developer working at a multinat...
- Gig workers’ union calls for five-hour shutdown over rising fuel costs; protest on SaturdayGig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising fuel prices and stagnant pay. The...
- Actor who worked with Naseeruddin Shah’s wife turned to farming but ended up with Rs 2 crore debtRajesh Kumar has shared that he is gradually recovering from the Rs 2 crore debt he incurred after his farming venture failed during the pa...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Rapido FY25 revenue jumps 44% to Rs 934 crore, loss narrows 30% to Rs 258 croreBengaluru-based Rapido's net loss for FY25 came in at Rs 258 crore, down 30% from the year ended March 2024. This was mainly on a marked im...
- Alakh Pandey on PhysicsWallah’s IPO; Slice’s losses widenHappy Friday! PhysicsWallah plans to double down on a bet that can protect it from the vagaries of the online learning space. This and more...
- Rapido looks to close $550 million in financing as Swiggy ends rideOn Tuesday, Swiggy informed the stock exchanges that it is offloading its 11.8% holding in Rapido to Prosus and WestBridge Capital for abou...
- ETtech in-depth: Rapido races to the top, keeping Uber on edgeBengaluru-based mobility company Rapido now has nearly half the share of overall ride-hailing market, with monthly active users at 50 milli...
- Swiggy Q1: Losses deepen; Rapido stake on blockSwiggy's net losses ballooned in the April-June quarter despite a rise in revenue. This and more in today's ETtech Top 5.
- Swiggy's letter to shareholders: Rapido conflict, QC updates, margins among 5 key takeawaysSwiggy reported a Q1FY26 loss of Rs 1,197 crore despite a 54% YoY revenue rise. The company is reassessing its 12% stake in Rapido over a c...
- Rapido trying a bite in a market that has burned big namesRapido, the two-wheeler ride-hailing company, is venturing into the competitive food delivery market, backed by significant funding and pla...
- Uber India logs 41% rise in operating revenue at Rs 3,762 crore; loss narrows 71%Improvement in ride-hailing services and growth in support and service operations helped slash losses from Rs 311 crore to Rs 89 crore. Ove...
- Earnings special: Delhivery, FirstCry, Mamaearth, Rapido, NoiseA slew of new-age firms reported their September quarter. This and more in today ETtech Top 5.
- Rapido narrows losses in FY24 as scale grows; firm says GMV surged 2.5X in Q2FY25The company also sharply narrowed its net loss to Rs 17 crore in the September quarter of this fiscal from Rs 74 crore a year earlier. It f...
- Rapido’s unicorn round; Swiggy’s FY24 reportHappy Thursday! Mobility startup Rapido has raised $200 million in funding. This and more in today’s ETtech Morning Dispatch.
- Rapido goes past $1 billion GMV markRapido, which launched as a bike-taxi platform, has crossed a gross merchandise value (GMV) of $1 billion on the back of aggressive expansi...
- Rapido posts wider FY23 loss, threefold growth in revenueRapido competes with the likes of Ola, Uber, Blusmart, Indrive, Shoffr and Namma Yatri in the Indian ride-hailing space. In FY23, Ola Cabs'...
- Bike taxi ban: Drivers write to Delhi LG citing livelihood threatThe Supreme Court had on Monday stayed a Delhi High Court order that essentially allowed Rapido and Uber to operate in the national capital.
- Rapido losses more than double to Rs 439 cr over higher salaries, marketing expensesThe Bengaluru-based company’s losses rose 2.6 times to Rs 439 crore from Rs 166 crore as it hired more employees and spent more on marketin...
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