The odds are against Rapido’s cab-hailing bet

The eight-year-old bike taxi startup is expanding into a segment that is rife with challenges such as poor driver loyalty and a high cash burn.

2 November, 20234 min
0
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
The odds are against Rapido’s cab-hailing bet

You may also like

Internet
Story image

What Pronto’s $25-million fundraise isn’t telling us

The 10-minute house help startup has generated plenty of buzz. But its funding, valuation and founder dilution details suggest a complicated future.

Internet
Story image

Why Swiggy, Zomato, Zepto can’t deliver food in 10 minutes

With Swiggy joining the list of companies shutting down their ultra-fast food delivery services, we look at what’s plaguing the 10-minute food delivery sector. And whether there’s any hope at all for those trying.

Internet
Story image

Inside the math of instant help startups

Millions of VC dollars are being splurged to service the last-minute needs of Indians—little revenue, increasing cash burn and far too many variables. At what point does it all come together?