Pavan Guntupalli is the founder of Rapido along with Aravind Sanka and Rishikesh SR. He founded the company in November 2015. He had his quarters in Bengaluru, Karnataka, India. He has revenue of $11.51 mn from the company. The total funding of this company is $309.8 million. The total valuation of the company is about $800 nm. The parental organization of Rapido is Roppen Transportation Services.
About the company of Rapido
Rapido is regarded as a Bangalore-based online bike taxi aggregator, which was started in 2015. It is operated in more than 100 cities throughout the country. He travels to different places in and around them. He has above 15000 registered riders daily. The bike taxi market is valued at around $ 50.5 million in the year 2021. The same industry is believed to grow at 48.5 percent CAGR in 2022-2030. The company is expected to reach the amount of $1478nm by the year 2030. Its revenue potential is about $ 5 billion.
Education & Success Story
He became the co-founder of Rapido, after getting co-founded Roppen Labs. He completed the B. Tech degree in Electronics and Electronics Communication at the Indian Institute of Technology, Kharagpur. He accomplished two Summer Internships at Breakthrough Management Group and Reliance Communication. With the native languages, he is well-versed in the Korean language. Before that, he used to be a software developer at Samsung Research India.
The basis of Rapido is dated to Karrier days, which got modeled on the supply chain driven and logistics model. It enables potential clients to transform their belongings seamlessly. Things were not that bad for the specific company. He along with the other co-founders realized that the transformation of the gears has extra room for growth. The co-founders started to work initially with around 15-20 people, who sowed Rapido seeds.
He got immersive success in business with persistence, hard work, and utmost dedication. The primary idea of Rapido is hiring people, specifically the owners of the two-wheelers. In addition, the founder is willing to bring something thing.
He believes in creating an application, such as the Rapido captain application. It will offer a helping hand to the two-wheel owners to register and verify the information with the specific company. He founded the company to penetrate the latest markets.
He offers bike-sharing services to a lot of people. He aims to enhance the number of bikes and the expansion of the operations to several cities. He has made Rapido the leading and popular bike-sharing service with the innovation of the business model.
Pavan Guntupall Future prediction
Now, we will talk about the future prediction of Pavan Guntupulli from the career aspect of life. The entire year is going to be favorable for him. Though there will be a few ups and downs, you will be able to overcome them easily after winning the battles. He might feel a lack of concentration in the approaches. He should ensure not to lose pace and make the most of the time.
The year 2023 is going to bring several hitches and ditches for him. He might feel like quitting the profession, but he should not do so. The 2nd part of the year is going to be wonderful for people in the professional world. He is going to get appreciation, encouragement, and support from his fellow mates.
In addition to supporting their fellow mates, he is attracted to deals and immense projects. The individual is going to get good expansion and partnership in the 2nd part of 2023. The planetary motions after August Month will exhibit a wonderful time for people, planning to start new ventures.
If he has plans for the business, he should make the desired preparation for everything in real life. The year is sure to bring the desired results for the remaining part of the year. He needs to put in the desired efforts to have the same.
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