Rapido targets 50 lakh active drivers by FY27

Rapido is targeting 50 lakh active drivers or captains by FY27 as it doubles down on its zero-commission SaaS model, shifting revenue from per-ride commissions to fixed subscriptions paid by drivers nationwide, said Pavan Guntupalli, co-founder of the company, to TNIE.

Rapido currently has around 30 lakh active captains every month across the country and expects this to rise sharply over the next financial year.