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Rapido Expands Lead In Rideshare With More Users Than Peer Uber
NDTV Profit· 2025-09-10 09:45
Core Insights - Rapido has surpassed Uber in active users, with over five crore Android users compared to Uber's three crore, indicating a significant lead in the Indian ride-hailing market [1] - The majority of mobile phones in India operate on Android, which supports Rapido's growth in high-volume categories like bike taxis and autorickshaws [2] - Rapido, founded in 2015, initially gained traction with its bike-taxi service and has since expanded to include three-wheelers and cab services [3] - Uber's CEO acknowledged Rapido as its primary competitor, especially after Ola faced various operational challenges [4] Company Overview - Rapido was established in 2015 as theKarrie by founders Aravind Sanka, Pavan Guntupalli, and SR Rishikesh, and quickly became the first company to offer two-wheeler taxi services in India [3] - The company has effectively captured market share from 2015 to 2018 and has diversified its offerings to include three-wheelers and cab services [3] Competitive Landscape - Uber has recognized Rapido as its main rival, particularly in light of Ola's struggles with product issues and service complaints [4] - The competitive dynamics in the Indian ride-hailing market are shifting, with Rapido gaining a stronger foothold against established players like Uber and Ola [4]