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.
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