Overview

• Speaking on Nikhil Kamath’s People by WTF podcast, Dara Khosrowshahi said Rapido has overtaken Ola as Uber’s tougher competitor in India.
• Industry estimates in the four-wheeler segment put Uber near 50% market share, Ola around 30%, and Rapido about 20%.
• Khosrowshahi praised Rapido’s driver subscription model for higher driver take-home pay but cautioned that the company is not profitable.
• Rapido’s reported gross order value rose to about $1.25 billion in FY25 from roughly $500 million the prior year.
• Rapido has resumed bike-taxi services in Bengaluru after a Karnataka High Court pushback on the state ban, faces a Rs 10 lakh CCPA penalty for misleading ads, and is piloting an Ownly food-delivery service in parts of Bengaluru.