Rapido Launches Ownly: A New Food Delivery Contender in Bengaluru

CosmicTaco · 2025-08-14T16:26:53.706915+05:30

- *Rapido's Emergence*: Rapido, primarily known for its cab services, has ventured into the food delivery sector in Bengaluru with its new app, Ownly. - *Target Areas*: Initially targeting key areas like Koramangala, BTM Layout, and HSR, Ownly is currently available on the Google Play Store. - *Market Strategy*: Following a commission-free model, Rapido aims to reduce delivery costs and increase restaurants’ earnings, challenging giants such as Zomato and Swiggy. - *Industry Slowdown*: The entry comes amid a slowdown in the food delivery industry, with big names experiencing de-growth in order values due to increased competition. - *Stake Dynamics*: Swiggy, which holds a stake in Rapido, is reconsidering its position due to new market overlaps, possibly leading to major changes in Rapido's ownership structure. Source: [YourStory](https://yourstory.com/2025/08/rapido-rolls-food-delivery-app-ownly-selected-areas-bengaluru)

Rapido's Emergence: Rapido, primarily known for its cab services, has ventured into the food delivery sector in Bengaluru with its new app, Ownly.
Target Areas: Initially targeting key areas like Koramangala, BTM Layout, and HSR, Ownly is currently available on the Google Play Store.
Market Strategy: Following a commission-free model, Rapido aims to reduce delivery costs and increase restaurants’ earnings, challenging giants such as Zomato and Swiggy.
Industry Slowdown: The entry comes amid a slowdown in the food delivery industry, with big names experiencing de-growth in order values due to increased competition.
Stake Dynamics: Swiggy, which holds a stake in Rapido, is reconsidering its position due to new market overlaps, possibly leading to major changes in Rapido's ownership structure.

Source: YourStory