Is Rapido Getting Distracted? - Indian Startups News 283
0:00 Intro0:41 Is Rapido Getting Distracted?
4:33 Mappls vs Google Maps
6:05 Quick Updates: Muse Wearables x NPCI
6:31 Quick Updates: IndiaAI Facial Recognition Challenge
6:44 Quick Updates: Skyroot Aerospace x Exolaunch
7:02 Weekly Funding News Updates
This week on Backstage with Millionaires, we’re talking about Rapido’s bold (and risky) move to become a super app. After building a successful business around bike taxis, Rapido is now expanding into travel bookings—partnering with Redbus, Goibibo, and ConfirmTkt to offer flights, trains, hotels, and more. But is this diversification a sign of growth, or a dangerous distraction just ahead of its $500M funding round led by Prosus?
We also cover Mappls becoming the #1 navigation app on the Apple App Store. Built by MapmyIndia, Mappls is now being promoted as India’s answer to Google Maps with features like real-time signal countdowns, local language navigation, and smart addressing with Mappls ID.
In quick updates, we cover Muse Wearables’ launch of India’s first wearable payments ring with NPCI, the government’s IndiaAI mission to fight exam fraud using facial recognition, and Skyroot Aerospace’s successful test of their orbital adjustment module ahead of India’s private space race.
And finally, in this week’s funding news, we talk about major rounds raised by Kuku FM, Dezerv, Airbound, Chara Technologies, and DashamLabs.
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