Be yourself • 8m
🚨 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
Hey I am on Medial • 1y
Rapido is in discussions with restaurant owners to introduce food delivery services on its platform. This move signals its entry into a market dominated by Swiggy and Zomato. By adding food delivery, Rapido aims to leverage its existing bike taxi ne
See MoreBelieve me, it’s not... • 1y
Rapido foraying into Food Delivery could be a game-changer esp. following its disruptive impact on ride-hailing services. 🗓️Back in 2017 → Uber via 'Uber Eats' made a similar attempt but struggled to compete with Zomato/Swiggy. So, why does Rapido
See MoreOn a mission to crea... • 9m
These days, I see a lot of people talking about aggregator businesses — some in grocery delivery, some in food delivery. But one question I keep wondering about is: how will you hire gig workers? Coz most of them are already tied up with platforms l
See MoreAssoc Manager | Gen ... • 8m
Just read that Rapido launched food delivery app Ownly. On a side note..Like it disrupted transport by incentivising drivers with tips.. because of which drivers never come until they feel they got money..( which is quite double the amount given pe
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