Pranav Balakrishnan

1 week ago | the-captable.com | Pranav Balakrishnan

Key Takeaways India’s cab-hailing market is shifting from uniformity to segmentation, offering differentiated services based on rider needs The battle has moved beyond pricing—speed, reliability, and personalisation now shape user decisions Post-pandemic challenges around cancellations and driver availability have triggered structural changes in the ecosystem Ride-hailing is entering a maturity phase, marked by experimentation across formats, pricing models, and user experience levers The...

2 weeks ago | yourstory.com | Pranav Balakrishnan

Ride-hailing startup Rapido is setting up a separate subsidiary to enter the fintech space, diversifying further beyond its core mobility business, two people aware of the matter told YourStory. The company has begun internal groundwork for the new unit, which is expected to operate independently of its existing business lines. While the finer details remain under wraps, Rapido is exploring offerings in lending and adjacent financial services, the two sources said.

2 weeks ago | the-captable.com | Pranav Balakrishnan

Key Takeaways Rapido is entering food delivery with a zero-commission model, targeting value-conscious users in a market where growth is stalling The ride-hailing firm already has more users and drivers on its platform than either Swiggy or Zomato Rapido’s food delivery strategy echoes its playbook in ride-hailing—expand the market by onboarding first-time users and boosting order frequency through low-cost offerings The CapTable has also learnt that Rapido is setting up a separate subsidiary...

3 weeks ago | yourstory.com | Sai Keerthi |Pranav Balakrishnan

Electric vehicle (EV) ride-hailing app BluSmart will deploy around 300 electric cabs on rival US-based Uber’s platform as part of an experiment amidst mounting trouble at the company, according to a person familiar with the matter. The Morning Context was the first to report on this matter. According to the source, the two companies have been in talks for several months, and the arrangement follows a standard aggregator model, with Uber charging a commission on each ride.

1 month ago | yourstory.com | Sai Keerthi |Pranav Balakrishnan

Several of BluSmart’s senior executives have one foot out the door amidst funding troubles at the EV ride-hailing startup. Top management executives, including BluSmart’s CEO Anirudh Arun, chief business officer Tushar Garg, and chief technology officer Rishabh Sood, have handed in their resignations and are currently serving their respective notice periods, according to a source YourStory spoke to. The Morning Context was the first to report on this matter.