Rapido Banks On Airport Services To Enhance Its Technological Prowess And Expertise
- By Gaurav Nandi
- November 28, 2024
With a priority to provide a seamless customer experience by tackling common pain points like ride rejections among others, the app-cab aggregator Rapido has established cab zones at airports in cities like Visakhapatnam and Surat.
Keen to expand its presence, the company is working to expand its reach to other cities with airports such that it can tap airport routes with competitive fares and well-conditioned vehicle fleet.
Revealing that they are expanding their airport services across other metro cities in the current quarter of FY2024025, Rapido Cabs Head, Rajiv Bhyri, mentioned at an event in Kolkata that they see airport routes as a key area for growth due to the high demand for reliable, round-the-clock transportation options.
“With the increasing number of travellers, we believe our airport services will offer riders the lowest prices while our zero-commission model maximises captains' earnings,” he averred.
Providing an insight into Rapido’s strategy to address the ride rejections faced by commuters that use app-based aggregators, Bhyri said, “Rapido is focused on providing a seamless customer experience and resolving common pain points such as ride rejections that many commuters face with app-based aggregators. With the rise in airport traffic, our strategy emphasises affordability and reliability. By offering competitive fares and maintaining a fleet of well-maintained vehicles, we aim to ensure a dependable and pleasant journey for our customers.”
Entering an association with the Airports Authority of India (AAI), Rapido has already began offering affordable and seamless commute solutions to travellers at the Netaji Subhash Chandra Bose International Airport, Kolkata. The service was inaugurated by State Transport Minister Snehasis Chakraborty. State Transport Secretary Dr Saumitra Mohan and others were also present.
To set up dedicated cab service zones at Kolkata Airport where travellers can easily access safe, reliable and budget-friendly rides through its platform, Rapido is emphasising on tech-powered SaaS business model. This business model is designed to guarantee real-time ride availability and highly competitive pricing.
"With the launch of this service at Netaji Subhash Chandra Bose International Airport, we're not just offering cost-effective travel solutions but also creating valuable employment opportunities for our local drivers. The technology-driven approach aligns with our vision of making West Bengal a leader in smart mobility and we're confident this initiative will set new benchmarks,” expressed Chakraborty.
Rapido Co-founder Pavan Guntupalli explained: "At Rapido, our mission is to revolutionise mobility by delivering reliable, safe and affordable solutions through innovation. Our collaboration with the Airports Authority of India to introduce dedicated cab zones at major airports is a significant step in enhancing the traveller experience while empowering local communities through job creation. With Rapido’s technology-driven platform, passengers can expect seamless airport commutes at the most competitive prices."
- Radhakrishnan Kodakkal
- Daimler Truck Innovation Center India
- DTICI
- Raghavendra Vaidya
- Daimler Truck
- Whirlpool Corporation
- Thomas Ulm
Radhakrishnan Kodakkal Appointed MD & CEO Of Daimler Truck Innovation Center India
- By MT Bureau
- March 09, 2026
Bengaluru-based Daimler Truck Innovation Center India (DTICI) has appointed Radhakrishnan Kodakkal as its new Managing Director and Chief Executive Officer. He succeeds Raghavendra Vaidya, who has transitioned to the role of Global Chief Information Officer at Daimler Truck.
In his new position, Kodakkal will oversee the expansion of engineering and digital capabilities at the Bengaluru hub. His remit includes the acceleration of innovation in coordination with the global product engineering, technology and IT teams of Daimler Truck.
Kodakkal joins DTICI with 30 years of experience in technology, engineering, and research and development. He previously served as Global Head of Integrated Technology and Vice-President at Whirlpool Corporation, where he managed R&D operations and digital transformation strategies. His career has focused on the delivery of connected and intelligent technology solutions within multinational organisations.
DTICI serves as a strategic hub within the global Daimler Truck ecosystem, focusing on software, digital platforms and IT operations. The centre supports the parent company’s objectives in developing sustainable and connected transportation solutions.
Key focus areas for the new leadership include:
- Global Collaboration: Aligning Indian engineering output with international product cycles.
- Digital Platforms: Scaling software-defined vehicle technologies and IT infrastructure.
- Innovation Delivery: Transforming research into scalable automotive applications.
Thomas Ulm, Chairman, Daimler Truck Innovation Center India, said, “Radhakrishnan brings deep expertise in technology and engineering, complemented by strong global leadership experience and a proven ability to build and scale innovation. As DTICI continues to play a central role in Daimler Truck’s global engineering and IT network, we are confident that his leadership will further strengthen DTICI’s position as a trusted innovation and delivery hub across the global Daimler Truck ecosystem. I would like to express my sincere thanks to Raghavendra Vaidya for his outstanding leadership and strategic vision. Under his guidance, DTICI has grown into an integral part of Daimler Truck. We look forward to continuing our strong collaboration in his new role as CIO of Daimler Truck.”
Radhakrishnan Kodakkal, stated, “I am excited to step into this role and build on the strong foundation that has been established. The automotive industry is experiencing a period of significant transformation and there’s no better time to be part of it than now. DTICI has grown into a pivotal technology and innovation hub for Daimler Truck, driven by exceptional talent in India. I look forward to collaborating closely with colleagues across the globe to deliver solutions that are scalable, sustainable, and future-ready.”
Maurice Meijer Appointed As TIP Group’s First Chief Digital and Information Officer
- By MT Bureau
- March 06, 2026
TIP Group has announced the appointment of Maurice Meijer to the newly established position of Chief Digital and Information Officer. This strategic role underscores the increasing significance of digital innovation, data management and technology in advancing the company’s long-term Strategy 2030 objectives. As TIP expands its footprint as a comprehensive transportation services provider across 17 European nations, the integration of digital solutions is viewed as essential to fostering operational efficiency, business growth and superior customer engagement.
In his capacity as CDIO, Meijer will lead the formulation and execution of the group’s digital and technological roadmap. His responsibilities encompass overseeing digital platforms, enhancing data analytics capabilities, managing IT infrastructure and strengthening cybersecurity protocols. The goal is to build resilient, scalable systems that align with TIP’s future ambitions.
Meijer joins with a robust background in board-level technology leadership. He previously served as Chief Technology and Information Officer at Nederlandse Loterij, where he spearheaded major digital transformations across various brands and platforms. Prior to that, he held key roles in digital strategy, product development and operations within both the technology sector and public institutions. Additionally, he is involved in supporting early-stage tech startups as an investor and founding partner.
His educational credentials include executive programmes at Nyenrode University and INSEAD, along with a degree in international business management. Meijer is recognised for blending strategic commercial insight with practical technological expertise.
Arjen Kraaij, President & CEO, TIP Group, said, “Digitalisation is central to TIP’s future success. With Maurice, we are bringing in a strong business and technology leader who will help us simplify complexity, strengthen our digital foundations and accelerate execution across the Group. His leadership will be instrumental as we translate our Strategy 2030 ambitions into practical, value-creating solutions for our customers and our teams.”
Meijer said, “I’m really looking forward to joining TIP at this important stage in its journey. With strong foundations, great people and clear ambitions under Strategy 2030, there’s a lot to build on. At the same time, we’re ready to take the next step by accelerating our shift towards more digital solutions. By embracing digital, data and AI in a focused and practical way, we’ll turn opportunities into solutions that truly improve the customer experience and make day-to-day work simpler, smarter and more effective for both our customers and our teams.”
Holyvolt Completes $73 Million Acquisition Of Wildcat Discovery Technologies
- By MT Bureau
- March 06, 2026
Swedish battery technology firm Holyvolt has finalised the acquisition of US-based materials specialist Wildcat Discovery Technologies in a deal valued at USD 73 million. The transaction consists of a combination of cash, equity and deferred milestone payments.
The merger integrates Wildcat’s High Throughput Platform (HTP) for material synthesis with Holyvolt’s water-based screen-printing production processes. The combined entity intends to operate as a technology development partner for the automotive, aerospace and energy storage sectors, offering licensing and pilot-scale production services.
Wildcat’s HTP system allows for the simultaneous screening of thousands of material combinations. This method is reported to be up to 10 times faster than standard research and development protocols, generating terabyte-scale datasets suitable for machine learning and AI applications.
Key capabilities of the integrated group include:
- Material Discovery: Use of combinatorial chemistry to identify optimal battery systems.
- Manufacturing Process: Holyvolt’s water-based processing serves as a replacement for conventional organic solvent-based slurries.
- Data-Driven Optimisation: Integration of structured datasets into AI models to accelerate development cycles.
- Sustainability: Focus on cobalt- and nickel-free materials to reduce capital requirements and supply chain dependencies.
The acquisition follows a EUR 20 million funding round for Holyvolt. The new group aims to address production costs and supply chain independence in Europe and North America by combining chemistry expertise with modular manufacturing technology.
Mathias Ingvarsson, Founder & CEO, Holyvolt, said, “The acquisition of Wildcat is a perfect complement to our intended strategy of developing new technologies for the battery industry. Holyvolt is focused on developing new processes to make batteries cleaner and more affordable, and Wildcat has been pursuing the same goals via materials development and better chemistry. Combined, we are building what we believe is the most compelling technology to deliver on these objectives.”
Mark Gresser, President and CEO, Wildcat Discovery Technologies, stated, “The Wildcat team is thrilled with this acquisition by Holyvolt. Mathias and team are very thoughtful with regard to their objectives in the battery industry, and recognise the value that Wildcat’s High Throughput Platform can deliver to our combined company and the industry at large. With Holyvolt’s vision and financial backing, Wildcat can finally unlock the true potential of high throughput combinatorial chemistry for battery materials.”
Prof. Peter Schultz, Founder, Wildcat Discovery Technologies, noted, “With Holyvolt, we can do for batteries what high throughput and AI have done for drug discovery.”
BYD Unveils Second-Generation Blade Battery With Flash Charging Tech
- By MT Bureau
- March 06, 2026
Chinese automotive major BYD has revealed its second-generation Blade Battery alongside FLASH Charging technology, aimed at improving charging speeds and battery performance in low temperatures.
The system achieves a claimed charge from 10 percent to 70 percent state of charge (SOC) in five minutes, and reaches 97 percent in nine minutes. In temperatures of -30deg C, the charging time from 20 percent to 97 perrcent increases by three minutes compared to performance at room temperature.
The second-generation Blade Battery increases energy density by 5 percent over the previous version. To manage thermal loads during rapid charging, BYD integrated a ‘Lithium-Ion High-Speed Channel’ and a thermal management system.
Key technical specifications include:
- Range: The Denza Z9GT, equipped with this battery, achieves a range of 1,036 km.
- Thermal Management: Full-spectrum systems to regulate heat dissipation.
- Safety Standards: The battery has passed national safety tests regarding puncture and thermal runaway.
- Infrastructure: A world-leading single-connector output of 1500 kW.
BYD plans to build 20,000 FLASH Charging Stations in China by end-2026, with a global rollout scheduled to follow. These stations will feature a pulley-based charger design to improve user ergonomics and keep cables off the ground.
To manage the high-power requirements of 1500 kW charging, the stations use energy storage systems to buffer the demand, reducing the load on the local power grid.

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