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RAPIDO SHUT DOWN
Rapido bike-taxi shut down ordered: Pune DM orders immediate removal of bike taxi option from app after an FIRRapido News: Pune District collector Jitendra Dudi has asked the city police commissioner to remove Rapido’s bike taxi option from the app ...- Swish raises $24 million funding, bets on repeat orders to scale up 10-minute food deliverySwish, a 10-minute food delivery startup, has raised $24 million to expand its kitchen network and supply chain. The two-year-old company h...
- Rapid food delivery startup Swish to raise $20-25 million led by Bertelsmann India: SourcesThe transaction, which is also likely to see participation from Swish’s existing investors, is expected to value the two-year-old company a...
- Zomato pilots food vending machines at workplaces in new attempt at quick deliveryZomato is piloting food vending machines in Gurugram corporate offices. This new initiative, Zomato Now, aims for rapid food delivery acces...
- ETtech Explainer: The food delivery duopoly vs disruptorsNew players like Rapido's Ownly and Flipkart are entering the food delivery market. They challenge Zomato and Swiggy by offering lower rest...
- Flipkart to launch food delivery pilot in August: Kalyan KrishnamurthyET had first reported in February about Flipkart’s plans to foray into an industry dominated by Eternal-owned Zomato and Swiggy. On Friday,...
- Bistro sees limited impact from Swiggy's Toing, Rapido's Ownly: Deepinder GoyalOn the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited. These platforms are offering the...
- The Rs 200 meal is the new battleground for Swiggy, Zomato and other food delivery companiesFood delivery companies are adapting strategies to attract everyday officegoers. Swiggy and Zomato offer value meals and targeted discounts...
- Food and beverage outlets near shutdown, unable to fulfil online orders amid LPG crisisIndia's food and beverages sector faces a severe LPG crisis. Supply disruptions from West Asia are forcing restaurants to close and halt de...
- Man with Master’s in Mathematics spends 6 years preparing for govt job, now drives Rapido to surviveA Rapido driver with Master's degrees in Mathematics and a B.Ed., who spent years preparing for teaching exams, now drives for a living, hi...
- Exclusive: IPO-bound Flipkart explores food delivery launchFlipkart, owned by Walmart, is assessing entry into online food delivery, starting with a Bengaluru pilot around May-June and a wider launc...
- ETtech Explainer: Rapido’s bold challenge to Zomato, Swiggy amid sector slowdownRapido has launched a food delivery app, Ownly, in Bengaluru, challenging Zomato and Swiggy. Offering lower restaurant commissions and fixe...
- IITian still remembers each of 75 rejections but went on to build a Rs 9,500 crore business. Who is Pavan Guntupalli, founder of Rapido?Pavan Guntupalli, an IIT Kharagpur alumnus, transformed a simple concept into Rapido, a bike-taxi service valued at ₹6,700 crore. Overcomin...
- 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...
- ETtech in-depth: Ride-hailing on a rollercoaster ride with sharp twists, turnsIndia's ride-hailing market has seen major changes in the last 12-15 months, with Rapido gaining a 20% share, while BluSmart and Ola lose g...
- Ola revenue doubles in FY22, but losses widen 36% to Rs 1,522 croreANI Technologies, the parent firm of ride-hailing startup Ola, reported consolidated revenue more than doubling to Rs 1,970.4 crore from th...
- Ola’s valuation slashed 35% to $4.8 billion by US investor VanguardThe development comes on the back of Ola exiting verticals like food and grocery delivery and second-hand car sales, to focus on its mainst...
- Rapido moves SC against Bombay HC order, hearing on January 23Senior advocate Mukul Rohatgi mentioned the matter for urgent hearing and said the company has thousands of employees.
- Ola sacks 200 employees; Wipro net profit up 2.3% in Q3, beats estimatesRiding haling and electric vehicle firm Ola has had a torrid time since the start of the pandemic three years ago. The company laid off as ...
- Most bike taxi ventures shut operationsThe poorly funded local players have not been able to match the heavy subsidies to customers and drivers by players like Uber and Ola, whic...
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