Bike-taxi platform Rapido is launching a food delivery service called Ownly in select Bengaluru neighborhoods as part of a pilot program.
Ownly aims to disrupt the food delivery sector by offering restaurants lower commission fees compared to Zomato and Swiggy.
Rapido is focusing on a partnership-first approach by signing MoUs with restaurant associations and sharing customer data with them.
Rapido's Ownly currently plans not to impose platform fees, but discussions are ongoing about introducing caps in the future to build a sustainable ecosystem.