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Samanth Shetty

Building Nestsure • 1d

🚨 Swiggy Might Be Pulling Out of Rapido What’s Cooking? 🍛🛵 Back in 2022, Swiggy made a bold bet, investing $124M in Rapido during its Series D round, picking up a solid 12% stake. At the time, it seemed like a strategic alignment in the hyperlocal delivery game. But fast forward to now... 👀 Swiggy is reevaluating its position and planning a potential exit. Why? 👉 Rapido just launched "Ownly" a 0% commission food delivery platform that directly competes with Swiggy, breaking the traditional aggregator model. This changes everything. From being an ally in logistics to now potentially becoming a direct rival, Rapido is reshaping its narrativeand that raises red flags for Swiggy’s long-term strategy. 🤯 💭 Is this a classic case of "investor turns competitor"? 💸 Should Swiggy cut losses or stay in and influence from within? By the way have look at "ownly" looks like vibecoded fr 🤣 : https://ownly.food

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