Reported about 9 hours ago
Rapido, an Indian ride-hailing platform, has started beta testing its food delivery service named Ownly in Bengaluru, aimed at competing with industry leaders Swiggy and Zomato. This move follows the establishment of a subsidiary, Ctrlx Technologies, and is characterized by lower delivery costs, as Rapido charges a fixed fee per order instead of high commissions on restaurants. With a fleet of around 10 million vehicles, including two-wheelers, Rapido intends to utilize its existing infrastructure for efficient food delivery, leveraging data gained from past collaborations with Swiggy while avoiding direct competition with Zomato.
Source: YAHOO