Ride-hailing app ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/rapido” target=”_blank”>Rapido has finalised online ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/food-delivery” target=”_blank”>food delivery partnership costs and terms with restaurants at nearly half the commissions from entrenched rivals rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Swiggy and rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Zomato, challenging the duopoly, people directly aware of the developments said.
According to the agreed terms with industry body ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/national-restaurants-association-of-india” target=”_blank”>National Restaurants Association of India (NRAI), Rapido is expected to charge commissions in the range of 8-15% from restaurants, compared to 16-30% Zomato and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/swiggy”>Swiggy charge, the executives said.
The partnership terms state Rapido will charge a fixed fee of…
