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Launch · Mobility & Logistics

Rapido enters food delivery market with Bengaluru pilot

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Rapido logo
Date
Company
Rapido
What it does
Bike taxi and transport platform
Kind
Launch
Stage
pilot program
Based in
Bengaluru
Founded
2015
Sector
Mobility & Logistics

What they do

Rapido operates a ride-hailing platform offering bike taxis, auto rickshaws, and cabs across multiple cities

What happened

The company is launching a food delivery pilot in Bengaluru, targeting large restaurant chains and cloud kitchens

Why it matters

It will use a subscription-based pricing model for restaurants instead of traditional percentage-based commissions

The details

  • Rapido is expanding into the food delivery sector with an upcoming pilot program in Bengaluru. - The service will initially focus on short-distance deliveries of up to 5 kilometers from dense urban outlets. - The company plans to partner with major restaurant chains such as McDonald's, KFC, and Pizza Hut. - Instead of standard percentage commissions, Rapido will charge restaurants a fixed subscription fee along with a per-order delivery fee. - The strategy targets lower average order values of Rs 250 or less to carve out a distinct market niche.

The bigger picture

  • The expansion allows the transport platform to leverage its existing delivery infrastructure and logistics network. - The move follows the company crossing $1 billion in gross merchandise value during the previous fiscal year. - The subscription pricing model aims to reduce operating costs for partner restaurants.

About the business

  • The company operates a mobile application facilitating bike taxi, auto rickshaw, and cab bookings. - It connects commuters with drivers, referred to as captains, for daily urban transportation. - The business has expanded its service offerings to include enterprise logistics and future insurance distribution plans.

The deal

Type
launch

Investors

  • WestBridge Capital (participated) — An investment firm backing the company's growth initiatives.

Founders

  • Aravind Sanka, Co-founder
  • Pavan Guntupalli, Co-founder
  • Rishikesh S R, Co-founder

About Rapido

Product
A ride-hailing app focused on bike taxis, with expanding mobility and delivery offerings.
Customers
Commuters and riders seeking low-cost transport, plus drivers earning through the platform.
How it makes money
Charges commissions or service fees on rides and related marketplace transactions.
What sets it apart
Uses two-wheelers to provide low-cost, flexible urban transport and matching.
Operations
Operates in multiple Indian cities and is building a broader super-app model.

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