Archive · 10 Jun 2025
Rapido Enters Food Delivery Market, Challenges Swiggy & Zomato
Rapido, a company that lets you order rides, is starting to deliver food too.
They're hoping to use their large group of drivers (4 million!)
to do this.
Unlike companies like Swiggy and Zomato, Rapido is working with restaurants to charge lower fees, aiming to make food cheaper.
Although the food delivery market is huge, Rapido will need to spend money to grow.
This is a gamble to make it easier and more affordable for people to order food while also making money.
Rapido, a ride-hailing platform, is entering the food delivery market.
Rapido plans to leverage its 4-million rider fleet for food delivery.
Rapido is offering a different commission model compared to Swiggy and Zomato.
The food delivery market in India is valued at $9.5 billion as of 2024.
Rapido faces challenges including increased cash burn and potential delivery time issues.
- Who
- Rapido
- What
- Rapido is entering the food delivery business.
- When
- Not specified in the article.
- Where
- India
- Why
- To expand its services and compete in the food delivery market.
- Company
- Ride-hailing platform
- Service
- Food delivery
- Fleet Size
- 4 million
- Market Size
- $9.5 billion (2024)
- Losses
- Rs 371 crore (FY24)
Sources
Rapido pushes for a bite of the food delivery market with cheaper model, to trigger fee war with Zomato, Swiggy
Rapido To Enter Online Food Delivery Market, Offering Lower Restaurant Commissions: Report
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Rapido to Enter Food Delivery Business, Challenges Zomato and Swiggy
Ride-hailing platform Rapido ventures into food delivery
Rapido enters food delivery business: Plans to compete against Zomato, Swiggy with a different food delivery model
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