Podcasts · Daybreak

Rapido broke the ride-hailing duopoly. Now it's coming for Zomato and Swiggy

· 15 min · Episode 831

Episode Rapido broke the ride-hailing duopoly. Now it's coming for Zomato and Swiggy

0:00 14:49

For over a year, India's restaurant association couldn't get Swiggy to return its calls. Then Rapido launched a food delivery app that charges restaurants zero commission — and Swiggy sent fifteen people to Bengaluru for an urgent meeting within days.

The restaurants have a real grievance. On Swiggy and Zomato, commissions, ads, and discounts can eat up nearly a third of every order. On Rapido's platform, restaurants keep almost all of it.

It's a good deal for restaurants. But even restaurant owners are wondering if it might be too good a deal to last.

Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

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