Rapido Expands Auto Service To Bengaluru, Aims To Have 50,000 Cars By Year End, Auto News, ET Auto
New Delhi: India’s largest bicycle taxi platform, Rapido, announced on Friday the expansion of its car service to Bangalore, bringing the service to a total of 26 cities in India.
With people moving away from public transport due to the pandemic, the service aims to give them access to safer and more affordable travel options and to provide another money-making opportunity for motorists in the city. The company has shipped nearly 20,000 cars for the launch and plans to increase the number to more than 50,000 by the end of the year, the company said in a statement.
“We are delighted to bring Rapido Auto to Bengaluru after receiving a tremendous response across the country. Since the onset of COVID-19, cars have become the preferred mode of transportation in addition to bicycle taxis. very penetrated but widely dispersed. There is strong offline competition and with low demand motorists tend to charge high premiums. Customers tend to switch to other modes of travel due to uncertainties. We aim to strike a balance between demand and supply – bringing more reliability and convenience to captains and customers, ”said Shravaya Reddy, vice president of Rapido.
Rapido aims to cater to all commuters looking for a safe and affordable commuting option and plans to increase their market share in this segment in the coming months. The Rapido Auto service will be available at the cost of the meter, according to the price schedule defined by the State (the minimum price for the first 1.9 km is INR 25 and INR 13 for each additional km). Each Rapido Auto will have GPS technology to ensure easy access. In addition, Rapido Auto users will be able to follow and share their trips in real time. Users can also provide feedback within the app, the statement said.
Rapido Auto captains must disinfect the seat after each trip. The captain and clients must wear a face mask at all times during the trip. The company also introduced new policy support where it offers free cancellation if captains or customers are maskless, the statement added.