Funding StartUpsRapido Set To Revamp Its App To Attract Public on Hiring Riders on Bikes By Fabnewz Team Posted on January 21, 2017 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin The Bengaluru-based bike taxi aggregator Rapido has revamped its application followed by rebranding and appropriate networking so as to attract a large number of riders on hire services. Changes itself to Rapido Captain, it carries out a new and different look, extended and expanded networks, strengthening its positioning as well as recreating pooling tools platform for thousands of daily commuters within the city. Currently, applicable in Bengaluru and Gurgaon, the app was earlier named as Rapido Partner to which it has been upgraded to Rapido Captain. Simply and easy to use, the startup firm helps users to avail the app in any Android/Windows phones where they tend to download it for hiring bikes along with drivers and reach any destination within a city. Strictly for single person use, the firm helps public to reach offices, meetings or any venue without paying the mountainous bill.Moreover, exclusively built for those who love to ride bikes henceforth making extra money in legal terms. Unlike Ola, Uber, the following firm helps the public to continue with their permanent jobs such as BPO workers, Store workers, and so on thus giving few extra hours as a part-time job eventually earning few extra money apart from regular salary. The best part of the firm is that it can be carried off during weekends or as suitable to the person who will work as the bike rider.In an exclusive interview given to VCCircle, Co-Founder of Rapido, Pravin Guntupalli stated, “The reason behind doing so is to change customer perception about the riders. Rapido differs from a typical taxi platform and is more of a pooling platform, meaning the riders don’t necessarily work full-time as Rapido riders only. Your typical Rapido riders could be sales/marketing executives, BPO employees, students—basically anyone who loves to ride a bike and is looking to earn a few extra bucks. ”Claiming to have assigned almost 5,000 bike riders coming from different sectors, it performs 2,500 rounds per day doing it simultaneously every day. Though it does not have any norm for minimum working hours but still an hour of contribution is expected from every rider who joins the company. Expanded itself religiously, the firm works both in bike pooling as well as regular bike taxis for two people at a time.It earlier raised an undisclosed amount in pre-series A funding round through the help of existing investors High-Net-Worth Individuals (HNIs) such as Pawan Munjal (Chairman of Hero Motor Corp Ltd.), Rajan Anandan (MD Google India), etc along with Venture Capitalists like Astarc Ventures, Tesselate Ventures and so on.