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Know everything about Rapido Franchise Business Opportunity here. Check out details like its Franchise Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.

Rapido is changing how people get around Indian cities with its super quick and economically friendly bike or taxi rides.

It’s become a top choice for short trips, giving people the best travelling solution they need at the best prices suited to them. The app makes it super easy for both riders and drivers.

Plus, there’s a chance for you to start your own business by choosing a Rapido franchise opportunity.  Ride the wave of the growing need for on-the-go travel and bank on a brand people trust that can grow.

Rapido Franchise Business Opportunity - Snapshot

Line of Business

Bike & Car Rental

Unit / Shop Area

500 - 700 Sq. ft.

Commission% / Revenue Sharing

Approx. 95%

Infrastructure Investment

Rs. 5 Lakhs - Rs. 10 Lakhs

ROI Timeframe

0.5 - 1 Year

Rapido Dealership Review & Ratings

Revenue Sharing

4.25 / 5

Franchise Fee & Infra Investment

4.20 / 5

Support & Training

3.99 / 5

ROI Timeframe

4.05 / 5

Brand Value

4.01 / 5

Overll Ratings

4.10 / 5

Star Ratings


Overview of Rapido Bike Rental Franchise

Industry

Automobile & Services

Line of Business

Bike & Car Rental

Organization Type

Private

Head Office

Bangalore

Founder

Aravind Sanka, Pavan Guntupalli,SR Rishikesh.

Founded In (year)

2015

No. of Franchise Outlets

350+

Master Franchise Model

Not Available

Franchise Tenure

5 Years

Franchise Location

All over India

Business Set-Up Time

1 to 2 months

Franchise Commencement Year

2018

Rapido Franchise Investment & Fees

Franchise Fee

Approx. 3.5 Lakhs

Infrastructure Investment

Rs. 5 Lakhs - Rs. 10 Lakhs

Want to start a business without making huge investments? A Rapido franchise cost could be just the thing. You’re looking at an investment between ₹8.5 lakhs and ₹13.5 lakhs to get going, and that depends on the city and the size of your operation.

That covers getting set up with their tech, getting the word out, and the basics. Rapido gets you going with training, sets you up with the brand, and provides support when you need it.

Because you don’t need a lot to keep it going and there’s a huge travel demand, you could start making your investment back fast. As India finds new ways to move, a Rapido franchise is a smart move that can pay off and keep growing.

Rapido Franchise Commission / Revenue Sharing / Royalty

Franchisee

Approx. 95%

Franchisor

Approx. 5%

Rapido works on how much you make for each ride. As a franchise, you cut each completed ride. Usually, that’s somewhere between 15% and 20%, but it can move a bit based on what’s going on in your area and your performance.

Rapido makes sure you get paid on time and gives you clear reports using their app. The more rides, the more you make. So, if you’re ready to run things and expand in your town, you can gain.


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Rapido Franchise ROI Details

In Years

0.5 - 1 Year

Master Franchise of Rapido - Information

Franchise Fee

NA

Infrastructure Investment

NA

Commission% / Revenue Sharing

NA

Rapido Franchise Infrastructure Requirement

Shop / Unit Area

500 - 700 Sq. ft.

Employee headcount

2 to 4

Reception Area

Compulsory

Lounge / Waiting Area

Optional

Parking Facility

Compulsory

Product Display Area

Compulsory

Washing Area

Optional

Repair Area

Optional

Maintainence Area

Optional

Computer / Internet Connectivity

Compulsory

Billing Counter

Compulsory

Airconditioner

Compulsory

CCTV Set-up

Compulsory

Pick-drop / Delivery Service

Compulsory

You don’t need a lot to run a Rapido dealership, which means you can keep things lean and mean. To train new drivers and do some local ads, all that is needed is a small office and the web.

It’s mostly about using the app, so you don’t have to own a fleet of vehicles. Rapido will even help you get more drivers, give you the tools, and back you up.

Because it’s so simple to get going, you can focus on assisting people to get around, make them happy, and grow your business where you are.

Check out Business Opportunities with Similar Brands

Support provided by Rapido Bike Rental Franchise

Regular Inventory Supply

Available

Product Pricing

Available

Service Pricing

Available

Offers

Available

Client Acquisition Support

Partially Available

Client Interaction Training

Available

Relationship Manager Support

Available

Interior Design Support

Available

Interior Development Support

Not Available

Marketing Support

Partially Available

Monetary Support

Not Available

Business Management Software

Available

Online Tie-up Support - Delivery

Partially Available

Website Support - For Order

Partially Available

Warranty / Guarantee Support

Available

Operation Manual

Available

Training Manual

Available

Franchise of Rapido - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Not Available

Television Advertisement

Not Available

Prints Advertisement

Not Available

Events/Seminars

Occasionally Available

Training provided by Rapido Franchise

Product Information Training

Provided

Product Display Training

Not Provided

Maintainence Training

Not Provided

Repair Training

Not Provided

Wash Training

Not Provided

Training Helpdesk

Provided

Franchise for Rapido - Products Offered

Cars

NA

Car Accessories

NA

Car Maintainence

NA

Car Rental

NA

Used Car

NA

Electric Car

NA

Bike

NA

Bike Accessories

NA

Bike Maintainence

NA

Bike Rental

Available

Used Bike

NA

Electric Bike

NA

Bicycle

NA

3 Wheeler

NA

3 Wheeler Accessories

NA

3 Wheeler Maintainence

NA

Used 3 Wheeler

NA

Electric 3 Wheeler

NA

Tyres & Tubes

NA

Heavy Vehicle

NA

Heavy Vehicle Accessories

NA

Heavy Vehicle Maintainence

NA

Check out Business Opportunities with Similar Brands

Franchise for Rapido - Revenue per Customer

Product Price

Rs. 100 - Rs. 2,000

GST Rate

18%

Franchisee Qualification required by Rapido Dealership

Age Limit

Minimum 21 years

Business Experience

Required

Academic Qualification

Graduate

Documents required by Rapido Dealership

Franchise Agreement

Required

Proprietor Aadhaar Copy

Required

Proprietor Photo

Required

Proprietor / Business PAN Copy

Required

Business TAN Copy

Required

GST Registration Certificate

Required

Proprietor / Business Address Proof

Required

Unit / Shop Address Proof

Required

NOC of Unit / Shop

Required

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