Rapido Launches Ownly in Hyderabad, Expands Zero-Commission Food Delivery
Rapido’s newly launched food delivery arm Ownly is recording an average order value of around Rs 250, nearly half the Rs 400-420 seen at listed rivals Swiggy and Zomato. Rapido co-founder Aravind Sanka believes a cost structure built around smaller-ticket orders can still make the business profitable. According to Sanka, delivery accounts for 85-90% of … Read more