Rapido Vs Swiggy-Zomato, Ola Electric’s Missing Pieces & More

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Rapido Enters Swiggy-Zomato Lane

Taking on the Goliaths Zomato and Swiggy, ride-hailing unicorn Rapido is all set to introduce its food delivery platform, Ownly, in partnership with restaurants affiliated with the National Restaurant Association of India (NRAI). 

The food delivery experiment came as the company is raising INR 125 Cr from Nexus Venture Partners. It also plans to raise another INR 250 Cr from Dutch investor Prosus. 

Restaurants Get A Breather? Unlike the incumbent foodtech giants that are well-known for their steep…



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Rapido Vs Swiggy-Zomato, Ola Electric’s Missing Pieces & More


Rapido Enters Swiggy-Zomato Lane

Taking on the Goliaths Zomato and Swiggy, ride-hailing unicorn Rapido is all set to introduce its food delivery platform, Ownly, in partnership with restaurants affiliated with the National Restaurant Association of India (NRAI). 

The food delivery experiment came as the company is raising INR 125 Cr from Nexus Venture Partners. It also plans to raise another INR 250 Cr from Dutch investor Prosus. 

Restaurants Get A Breather? Unlike the incumbent foodtech giants that are well-known for their steep…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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