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The Latest Breaking News from Rapido

Flipkart puts IPO on ice; Rapido's $240 million raise

Flipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.

The Economic Times

Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billion

Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is part of a larger $730 million round and will be used to expand markets, grow its captain network, and enhance technology.

The Economic Times

This Bengaluru Auto Ride Came With Water, Kindness And A Quiet Lesson In Humanity

In a city where most of us are used to rushed rides and curt “drop here” auto drivers, one Bengaluru auto driver is making people pause and smile. What started as a regular ride turned into something unexpectedly warm and genuine for a passenger, and a LinkedIn post about it…

Times Life

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Uber, Ola, and Rapido Drivers to Strike Nationwide on February 7: Here’s Why

Commuters across India may face travel disruptions on Saturday, February 7, as drivers associated with app-based ride-hailing platforms Ola, Uber, and Rapido have announced a nationwide strike. The protest, dubbed the “All India Breakdown,” will see drivers switching off their ride-hailing apps simultaneously.

Whats Hot

Rapido, Ola, Uber must stop bike taxis within 6 weeks in Karnataka: HC

The Karnataka High Court has ordered the suspension of bike taxi services in the state within six weeks, ruling that such services cannot operate unless the government issues necessary guidelines under the Motor Vehicles Act, 1988.

Newslaundry

Top Uber rival leaks user and driver data online

Rapido was apparently exposing a feedback archive online, which included emails and phone numbers.

TechRadar

Rapido free rides on polling day

Rapido offers free rides in Hyderabad on election day to promote voter turnout and inclusive electoral process.

The Hindu

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Bike taxi service to offer free rides in Hyderabad on voting day

Rapido to offer free rides to 2,600+ polling stations in Hyderabad on Nov. 30 to encourage citizens to exercise their right to vote. Enter code VOTENOW to avail free rides and join movement to redefine civic participation. Aim to boost voter turnout, particularly among young user base. Previous 3 elections…

The Hindu

Rapido offers free rides to 2600 polling booths in Hyderabad on Nov 30

Rapido launches free rides to 2,600 polling stations in Hyderabad to boost voter turnout. Initiative reflects commitment to Telangana’s young user base. Co-founder Pavan Guntupalli urges citizens to exercise right to vote. Offer aims to ensure widespread participation in election process.

The Hindu

Rapido bike taxi harassment victim files complaints with Karnataka and National Commission for Women

She took the step after she allegedly ‘did not receive any acknowledgement or communication from Rapido with regard to a legal notice issued to them’.

The Hindu

Supreme Court seeks Centre's stand on Delhi Govt's plea against HC order on Rapido, Uber

A vacation bench of Justices Aniruddha Bose and Rajesh Bindal posts the matter for hearing on Monday. Read further on Dynamite News:

Dynamite News

Affordable and available, but woes aplenty — ride hailers talk about pros and cons of bike taxis in Bengaluru

Apart from the fear of harassment, what scares travellers the most is the rash riding habits of the riders or captains of bike taxis as they are identified by brands

The Hindu

Rapido Moves SC Against Bombay HC Order, Hearing On Jan 23

The Supreme Court on Tuesday agreed to hear on January 23 plea of Rapido, the bike taxi and auto aggregator, challenging the Bombay High Court order which directed it to stop operation in Maharashtra immediately as it does not have a license to operate bike taxi or rickshaw services. Read…

Dynamite News

Taxi aggregators in Bengaluru continue auto services overlooking Transport Department order

Taxi aggregators were asked to stop services with effect from Wednesday. They are planning to approach court seeking stay on department action, say officials

The Hindu

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The Hindu

No mobile app-based auto services till aggregators receive licences, says Transport Commissioner

They will have to stop plying from today, says official

The Hindu

Karnataka Transport Department issues notices to Ola, Uber, and Rapido for charging exorbitant fares for auto rides

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