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Rapido Revolutionizes Auto Commute with Lifetime Zero Per-Ride Commission

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Lifetime Zero Per-Ride Commission: Rapid's SaaS Innovation Strengthening Earnings, Auto Captains to take payments directly from customers

Gargi Khatri

Feb 14, 2024 10:58 am IST

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Key Highlights:

  • Rapido has unveiled its groundbreaking Software as a Service (SaaS) model tailored specifically for Auto Captains.
  • Rapido stands as a leading commuter app offering auto, bike taxi, and cab services across 100+ cities in India
  • By alleviating the burden of lifetime commissions, Rapido remains steadfast in its commitment to prioritizing captain welfare and customer satisfaction.

Rapido, India's foremost commuter app renowned for its diverse range of services spanning bike-taxis, autos, and cabs, has unveiled its groundbreaking Software as a Service (SaaS) model tailored specifically for Auto Captains. This strategic maneuver marks a significant departure from the conventional aggregator commission-led approach, as Rapido pioneers a lifetime Zero Commission structure for auto captains, thereby alleviating the burden of exorbitant commission rates and empowering them to assume control over their earnings. Under this pioneering model, Rapido relinquishes its involvement in price determination, fostering a transparent and inclusive service ecosystem for all stakeholders.

Mr Pavan Guntupalli, co-founder of Rapido, said, "We are incredibly excited to integrate the SaaS model to Rapido Autos. We have seen tremendous success in every city where Rapido Autos is operational. Nation-wide, we have enabled auto captains to earn over R2700 cores since inception and strive to put maximum earnings to those who provide us with the commute. Our cutting-edge SaaS platform transforms the traditional commission system for auto captains. It is a groundbreaking approach which guarantees that captains bear only a nominal access fee, rather than a commission per ride. This marks a noteworthy change in the industry bringing in a more enabling revenue model for our captains."

About Rapido

Rapido stands as a leading commuter app offering auto, bike taxi, and cab services across 100+ cities in India under various operational models. The app facilitates swift booking/discovery of bike taxis, autos, and cabs with minimal wait time, all while ensuring affordability for its users.

How It Works

Users can easily download the app on iOS/Android, log in from their accounts, and commence booking. Upon booking, the designated captain will promptly arrive at the pick-up location. With Rapido, bid adieu to traffic woes and embark on seamless city exploration.

Empowering Auto Captains

Having been successfully employed by cab captains, the SaaS model-based discovery platform will now be extended to Auto Captains, promising a more streamlined and dependable digital experience. Operating on a nominal access fee, the SaaS model empowers Auto Captains to optimize their earnings, ensuring a fair share of their hard-earned income at the end of each day. By directly receiving payments from customers, captains liberate themselves from commission constraints, maximizing their lifetime earnings and fostering an inclusive platform that benefits both captains and customers alike.

 

Rapido

Implementation of SaaS Model

In addition to empowering Auto Captains, this innovative move translates to competitive fares for customers within the Auto segment, courtesy of the comprehensive Software as a Service (SaaS) platform consolidating various commuting solutions into a single, user-friendly app. By alleviating the burden of lifetime commissions, Rapido remains steadfast in its commitment to prioritizing captain welfare and customer satisfaction.

Benefits for Customers

Competitive fares for customers within the Auto segment.
Consolidation of commuting solutions into a single, user-friendly app.
Rapido's commitment to prioritizing customer satisfaction alongside captain welfare.

Key Takeaways

  • Lifetime Zero Commision
  • Daily log-in fee for auto drivers will be from Rs 9 to Rs 29 (Log in fee will very city to city) after this the whole income will go in the pocket of captain
  • Revenue model will be only subscription model-Saas subscription
  • Rapido Auto will ensure 1.5 lakh new jobs per month
  • Previously for Auto Driver it was weekly payment 
  • Rapido made it instant payment 
  • Customer Safety: installation of seat belt in auto, and female captain participation
  • Every single day up to  2 crore rides take place every day in which Rapido acquires 10% of the daily rides
     

CarBike360 Says

In an era marked by technological innovation and a shifting landscape of commuter preferences, Rapido's latest initiative underscores its commitment to fostering a more equitable and efficient commuting experience for all.

Also Read: Okaya EV Slashes Prices By Up To Rs 18,000, Making Its E-Scooters More Affordable


 

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