Rapido, India's leading bike taxi service, provides quick, budget-friendly, and convenient rides across major cities. With over 4 lakh bookings daily, Rapido is on a mission to tackle the daily commute challenges faced by millions.
Pitch 1
Daily commutes in crowded cities are stressful, with traffic jams, long delays, and unreliable transport. Rapido cuts through the chaos by offering bike taxis that help you beat traffic quickly and affordably. With Rapido, you can reclaim your time, enjoy a hassle-free ride, and get to your destination without the usual headaches.
Pitch 2 - 🏍️
Ever had to pay double for a solo ride in a cab or auto? With Rapido, you can skip the hefty fares and book a bike taxi that’s quick, affordable, and convenient—perfect for your solo travels!
Funding Status
Rapido became a Unicron 🦄 this year by raising 120 million 🤯 in its series E round.
Their primary offerings are -
.
Category | The Urban Commuter | The Frequent Flyer | The Night Rider |
ICP Name | The Urban Commuter | The Frequent Flyer | The Night Rider |
Age | 18-25 | 25-35 | 18-30 |
Gender | Male/Female | Male/Female | Mostly male |
Marital Status | Single | Married/Single | Single |
Kids | None | Might have kids | None |
Occupation | Students, young professionals | Professionals, business travelers | Young professionals, BPO/IT employees |
Location | Metro cities - Delhi NCR, Bangalore | Metro cities with airports | Metro cities |
Lives with | With flatmates or alone | With family or alone | With flatmates or alone |
Education Level | Bachelor’s Degree | Bachelor’s or higher | Bachelor’s Degree |
Income levels | ₹20K - ₹50K per month | ₹50K+ per month | ₹20K - ₹50K per month |
Most used apps | Social media, Ride-sharing apps | Travel apps, Finance apps | Social media, Entertainment apps |
How do they spend time? | College, part-time jobs, social outings | Work, frequent travel | Work late hours, socialize at night |
What do they spend money on? | Food, entertainment, transport | Travel, luxury, family expenses | Entertainment, transport |
What kind of content do they consume? | Entertainment, educational content | Travel and lifestyle content | Music, movies, lifestyle content |
Average order value | ₹60-₹120 per ride | ₹150-₹300 per ride | ₹100-₹200 per ride |
Frequency of purchase | 5 to 10 rides per week | 2 to 5 rides per week | 3 to 6 rides per week |
Which features do they use most | Quick rides, wallet offers | Airport rides, scheduled bookings | Night rides, instant bookings |
How frequently do they use these features? | Daily for commuting | Weekly for airport travel | Frequently on weekends and late nights |
Willingness to pay | Price sensitive, looks for deals | Willing to pay more for convenience | Price sensitive but prioritizes availability |
Problem statement | "I need fast and economical rides for daily commute to college and work." | "I need reliable transport to and from airports for frequent travels." | "I need safe and readily available transport during late hours." |
Preferred Payment Method | Wallet balance, UPI | Credit/Debit Card, UPI | Cash, UPI |
Preferred Mode of Booking | Mobile app | Mobile app, scheduled rides | Mobile app, instant booking |
Challenges faced | Traffic congestion, availability during peak hours | Timely availability, luggage accommodation | Safety concerns, availability during late hours |
Brand Perception | Economical, convenient | Reliable, efficient | Safe, reliable, Quick |
Influence of Promotions/Discounts | High - responsive to offers | Moderate - occasionally uses offers | High - looks for discounts, cashback |
Loyalty to the Platform | Moderate - might switch for better offers | High - prioritizes reliability | Moderate - safety and availability are key |
Environmental Awareness | Low - mostly price-driven | Moderate - may prefer eco-friendly options | Low - convenience is a priority |
Emergency Usage | Frequent - needs quick transport in emergencies | Occasional - primarily for missed flights or urgent meetings | Frequent - relies on service during unplanned late hours |
After talking to more than 10 users, I found some strengths and weaknesses of the product
Strength
Weaknesses:
Proposed Solutions:
Criteria | The Urban Commuter | The Frequent Flyer | The Night Rider |
Adoption Rate | High | Moderate | High |
Appetite to Pay | Low | High | Moderate |
Frequency of Use Case | High | Moderate | High |
Distribution Potential | High | High | Moderate |
We will go ahead with The Urban Commuter and The Night Rider users
Goal Priority | Tags | The Urban Commuter | The Frequent Flyer | The Night Rider |
Primary | Functional | Need fast and economical rides for daily commute to college and work. | Need reliable transport to and from airports for frequent travel. | Need safe and readily available transport during late hours. |
Secondary | Personal | Want to save time by avoiding long wait times or delays in public transport. | Value comfort and convenience, and prefer a hassle-free experience. | Value safety and availability, especially during late hours. |
Secondary | Financial | Want to keep my commuting costs low, as I’m on a budget. | Willing to pay a premium for reliability and on-time service. | Price sensitive but willing to pay slightly more for availability and safety. |
Tertiary | Social | Want to be seen using a modern, fancy bike | Prefer a service that reflects my status and professionalism. | Need to ensure safety and comfort when travelling with friends or colleagues. |
Least Priority | Environmental | Concerned about environmental impact, but it’s not a deciding factor. | Appreciates eco-friendly options but prioritizes convenience. | Environmental impact is secondary to safety and availability. |
Functional Job | Rapido | Ola Bike | Uber |
"I need to get to work on time (every weekday)" | Rapido offers quick, affordable bike rides but you can only pre-book till 48hr | Ola Bike provides competitive rates, you can pre-book the ride for any day in advance | Uber offers bike rides but may have slightly higher rates, you can pre-book the ride for any day |
"I want to get home from work on time and safely" | Rapido provide you real-time view of how many rides are available nearby and your drop-off time as soon as the ride is booked | Ola Bike also offers safe and reliable options | Uber ensures safe rides but availability may vary |
"I need a quick ride to a nearby market or location" | Rapido's large network ensures quick pickups | Ola Bike provides similar service with comparable pricing & EV ride option availability | Uber bikes are minimal |
"I need an affordable ride to a metro station or bus stop" | Rapido offers very affordable last-mile connectivity | Ola Bike provides similar last-mile solutions | Uber also offers this but might be slightly costlier |
"I want to avoid traffic and get there fast" | Rapido bikes can navigate through traffic swiftly. | Ola Bike also offers the same convenience | Uber offers the same but with fewer promotions or discounts |
"I want to travel using eco-friendly options" | No specific eco-option | Ev bikes are available | No specific eco-option |
"I need a ride available during odd hours" | Rapido has good availability even during non-peak hours | Ola Bike offers this but with fewer vehicles on the road | Uber has a limited driver fleet for bikes so can face some issue |
"I need to make multiple stops during one trip" | Rapido doesn't have a feature to add multiple ride | Ola Bike offers a similar feature | Uber offers multiple stops but may charge extra |
"I need a ride for someone else" | Rapido allows you to book rides for others | Ola Bike also allows this feature | Uber allows booking for others but with limited controls |
"I need a reliable service in smaller towns or cities" | Rapido is expanding to tier-2 and tier-3 cities | Ola Bike has a good presence in smaller towns | Uber has a limited presence in smaller cities |
🦸🏻♂️ Arjun - The College Student and Budget-Conscious Commuter
[Stage of awareness about Rapido: Problem Aware]
Rapido usage: Individual
“I needed an affordable way to get to college every day. Public transport was too unreliable, and other ride-hailing services were too expensive. Rapido offered the perfect balance between cost and convenience.”
𓅓 Priya - The Working Professional and Safety-Seeker
[Stage of awareness about Rapido: Most Aware]
Rapido usage: Individual and with Family
“I work late hours and often need to commute home when public transport options are limited.Rapido provides quick service and it’s more affordable than cabs.”
🦸🏻♂️ Arjun - The College Student and Budget-Conscious Commuter
“I’m looking for a way to get to and from college without breaking the bank. Rapido helps me manage my commute costs efficiently, so I can focus on my studies without worrying about my travel expenses.”
👩 Priya - The Working Professional and Safety-Seeker
“For me, it’s all about safety and reliability, especially at night. I need to know that I can get home quickly and safely after work, without having to wait too long for a ride or pay a premium.”
🦸🏻♂️ Arjun - The College Student and Budget-Conscious Commuter
“I’m hiring Rapido to provide a cost-effective, reliable ride for my daily commute. It’s important that I get to college on time without spending too much, and Rapido fits the bill perfectly.”
👩 Priya - The Working Professional and Safety-Seeker
“I’m hiring Rapido for safe, reliable late-night transportation. The ability to book a ride quickly and know that I’m in good hands is crucial for me. Rapido gives me that peace of mind.”
🦸🏻♂️ Arjun - The College Student and Budget-Conscious Commuter
👩 Priya - The Working Professional and Safety-Seeker
🦸🏻♂️ Arjun - The College Student and Budget-Conscious Commuter
👩 Priya - The Working Professional and Safety-Seeker
Let's begin the fun part we all have been waiting for
PPT Link -
New onboarding flow proposed & Multiple aha moments flow - https://whimsical.com/rapido-onbaording-growthx-Kv9UHCPb5KkqTmWnuqqoUG
Objective User should take 4-6 rides in a week
1. Activation Metric: Preferred Driver Gender Selection
Hypothesis: Allowing users to select their preferred driver gender can enhance comfort and user satisfaction. The metric should measure the percentage of users who utilize this option.
2. Activation Metric: Completed Rides Display
Hypothesis: Displaying the number of completed rides on the driver’s profile fosters trust and reliability. Track how this feature impacts user trust and ride bookings.
3. Activation Metric: Driver Ratings and Reviews Visibility
Hypothesis: Making driver ratings and reviews publicly visible helps users make informed choices and can improve overall service quality.
4. Activation Metric: Bike Image/Information Visibility
Hypothesis: Providing bike images or detailed information enhances transparency and user confidence in the service.
5. Activation Metric: Helmet Image Upload Requirement
Hypothesis: Ensuring drivers upload daily helmet images maintains safety standards and can influence user trust and satisfaction.
1. Retention Rates
2. DAU/MAU
3. Frequency of Engagement
4. Conversion Rates
5. User Satisfaction and Feedback
6. Impact on LTV
7. Driver Metrics
Qualitative Metrics:
Quantitative Metrics:
Brand focused courses
Great brands aren't built on clicks. They're built on trust. Craft narratives that resonate, campaigns that stand out, and brands that last.
All courses
Master every lever of growth — from acquisition to retention, data to events. Pick a course, go deep, and apply it to your business right away.
Explore foundations by GrowthX
Built by Leaders From Amazon, CRED, Zepto, Hindustan Unilever, Flipkart, paytm & more
Crack a new job or a promotion with the Career Centre
Designed for mid-senior & leadership roles across growth, product, marketing, strategy & business
Learning Resources
Browse 500+ case studies, articles & resources the learning resources that you won't find on the internet.
Patience—you’re about to be impressed.