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Samanth Shetty

Building Nestsureย โ€ขย 22d

๐Ÿšจ Swiggy Might Be Pulling Out of Rapido Whatโ€™s Cooking? ๐Ÿ›๐Ÿ›ต 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... ๐Ÿ‘€ Swiggy is reevaluating its position and planning a potential exit. Why? ๐Ÿ‘‰ 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 Swiggyโ€™s long-term strategy. ๐Ÿคฏ ๐Ÿ’ญ Is this a classic case of "investor turns competitor"? ๐Ÿ’ธ Should Swiggy cut losses or stay in and influence from within? By the way have look at "ownly" looks like vibecoded fr ๐Ÿคฃ : https://ownly.food

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