After food delivery, Rapido plans new subsidiary for fintech

Quick Summary:

Even as it stands poised on the cusp of attempting to disrupt the food delivery space, Rapido is already laying the groundwork for a foray into fintech.

The move comes even as Rapido’s claim to fame—bike-taxis—could soon be off the roads in its largest market.

The company has begun internal groundwork for the new unit, which is expected to operate independently of its existing business lines.

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Article Details

Author / Journalist: Pranav Balakrishnan

Category: StartupsEconomyBusiness

Markets: India

Topics: Delivery Services Ride-hailing Market Policy Business Privacy Food Rapido Company Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 07:18:02 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 420 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 27644861

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 13 posts per day

Year Established: 2008

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News Last Updated: 17 hours ago

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