Rapido claims that it has been increasing at more than 15% month-on-month from the final 3 years and 3X to 4X year-on-year in the final handful of years.
The ongoing Covid-19 pandemic has impacted most of the corporations across India and the complete planet. With the urgent want for social distancing, commuters began opting for private transport and as a outcome of this, a important drop in ride-hailing services was witnessed. However, the circumstance is progressively enhancing and most of the providers are now seeing a recovery in their corporations. As a lot of commuters have began opting for bike taxi services, we lately had an insightful interaction with Aravind Sanka, Co-Founder, Rapido in order to comprehend the altering trends. Aravind tells us how the small business got impacted in the course of the Covid-19 pandemic, the recovery, future plans and a lot more.
What is the development of two-wheeler shared mobility / Bike Taxi and expectations?
The two-wheeler shared mobility industry is carrying out properly. The pandemic became an chance in adversity for us. We resumed bike taxi operations post the lockdown and have so far observed 60% of small business recovered. We count on the demand to go back to one hundred% pre-COVID levels by April 2021.
What has been the development of Rapido’s new small business models – Rapido Auto, Rapido Local, Rapido Store and aim for 2021?
We have expanded our footprint from the initial launch cities to give the services in other cities for instance Rapido Auto has been lately expanded to added 11 cities. We program to expand the auto services to 50 cities in India by the finish of FY 2021 and onboard more than half a million in the next six months. We aim to expand Rapido Local and Rapido Store in close to one hundred cities exactly where Rapido is present, by finish of FY 2021.
Are bike taxis a excellent mobility answer amid Covid-19 crisis?
What are Rapido’s plans for 2021?
We have been increasing at more than 15% month-on-month from the final 3 years and 3X to 4X year-on-year in the final handful of years. So, development will usually be a important factor we will be focusing on. With the fast urbanization and sensible status of cities, Bike Taxi is the future of intracity transport with its sturdy final-mile connectivity proposition.
While we continue to drive our leadership position in the Bike Taxi ecosystem across cities, we are employing technologies to propel newer models that will assist serve finish-customers as properly as corporations in the post COVID planet.
What are the post-covid-19 expectations for Rapido and bike taxis?
We count on the adoption of bike taxi traveling to raise in the Tier II and III cities, as a answer to the unavailability of shared autos or final-mile connectivity gaps and amongst blue-collar workers traveling each day to work. We also really feel individuals employing bike taxis for quick hauls, work, ordering groceries, and so on. will continue to drive the demand for our service. Customers are conscious that bike taxi is a more open and customized way for intracity travel, as opposed to other crowded alternate strategies like cabs, buses, autos, and trains. The client has the benefit of much less exposure to any infection due to his/her restricted interaction with the captain and fewer touchpoints.
Rapido Auto now out there in these 11 new Indian cities like Delhi-NCR
What are Rapido’s expansion plans?
Our strongest markets consist of Hyderabad, Bangalore, Delhi-NCR, Kolkata, Chennai, Patna, and so on. We are searching to expand our footprint additional in the next upcoming months.
What is Rapido’s present presence – geographic and quantity of captains?
We are India’s initially and the biggest bike taxi player present in close to one hundred cities serving more than 10 million consumers with 15 lakh+ registered Captains.
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