Rapido proposes Rs 150-crore investment in mobility, infra segment in Bengal

Ride-sharing level Rapido has projected to put Rs 150 crore successful the mobility and infrastructure conception successful West Bengal with bulk of the concern expected to spell into municipality mobility, the institution said connected Thursday.

Announcing the signing of an archetypal pact with the state's transport section to this effect, Rapido said arsenic portion of the concern it volition present a dedicated fleet of pink-coloured two-wheelers and four-wheelers, driven by women captains, ensuring a unafraid and comfy acquisition for pistillate passengers nether its Pink Mobility Initiative, a programme designed to supply harmless and reliable commuting options for women.

Currently, executing 1 lakh rides per time crossed Bengal, Rapido's operations person go an integral portion of regular commuting successful the state, the institution said.

"As portion of this collaboration, Rapido volition put Rs 150 crore towards cardinal initiatives focused connected electrical mobility, women's information successful transportation, and roadworthy information awareness. A important information of this concern -- Rs 130 crore -- volition beryllium directed towards the improvement of municipality electrical mobility," Rapido said.

The institution said it aims to deploy electrical vehicles crossed Kolkata and different parts of the authorities portion besides moving connected gathering the indispensable infrastructure to enactment a seamless modulation to sustainable proscription for improving last-mile connectivity.

"West Bengal has ever been an important marketplace for us. Our concern successful electrical mobility and the Pink Mobility fleets bespeak our committedness to sustainable and women-friendly transport solutions. We look guardant to moving intimately with the Transport Department (of West Bengal)," said Pavan Guntupalli, Co-founder of Rapido.

To further promote women's information successful the transport sector, Rapido volition supply fiscal assistance worthy Rs 12 crore implicit the adjacent 3 years, enabling women captains to ain and run their vehicles, the institution said.