Rapido launched Ownly, a food delivery app, in Bengaluru, challenging Swiggy and Zomato with a low commission model (8-15%). It utilizes Rapido’s rider network for quick, transparent deliveries. Pricing follows a three-tier structure, with flat rates starting at ₹20. Swiggy plans to exit its 12% stake in Rapido amidst the changing competitive landscape. Expansion to other cities depends on Bengaluru’s performance.
Trending
- Hitachi Energy India Announces ₹2,000-Crore Transformer Manufacturing Facility in Gujarat
- Hitachi Energy India Announces ₹2,000-Crore Transformer Manufacturing Facility in Gujarat
- India Unveils Varya: A Culturally-Specific, Affordable AI Video Generation Model
- India Unveils Varya: A Culturally-Specific, Affordable AI Video Generation Model
- Tesla Expands India Footprint with New Experience Centre in Hyderabad
- Tesla Expands India Footprint with New Experience Centre in Hyderabad
- World Bank Upgrades India Growth Forecast to 6.6% Despite Global Slowdown
- World Bank Raises India FY27 Growth Forecast to 6.6%, Fastest Among Major Economies

