What is Rapido's goal for its food delivery platform, Ownly?

Rapido's goal for Ownly is to double the market size of online food delivery in India by focusing on affordability and logistics, with a goal of reaching 100 million users in three years.

How does Rapido plan to achieve its goal of making food delivery more affordable?

Rapido plans to achieve its goal of making food delivery more affordable by keeping menu prices at par with those charged by restaurants, and generating margins through greater logistical efficiencies rather than higher commissions or mark-ups.

What is the current state of the food delivery market in India?

The current state of the food delivery market in India is dominated by a few major players, with Zomato and Swiggy being the market leaders. However, there is still a large untapped market of potential customers who have not yet ordered food online, and Rapido is looking to tap into this market with its affordable and logistics-focused approach.

How does Rapido's logistics network give it an advantage in the food delivery market?

Rapido's logistics network gives it an advantage in the food delivery market because it allows the company to keep delivery costs low, while also providing a seamless experience for customers. With over 3 million riders and 7.5 million orders per day, Rapido has a large and established logistics network that can be leveraged to support its food delivery business.

What is the future outlook for Rapido's food delivery platform, Ownly?

The future outlook for Rapido's food delivery platform, Ownly, is positive, with the company looking to expand its presence in the market and reach new customers. With its focus on affordability and logistics, Ownly is well-positioned to tap into the large and growing market of online food delivery in India.

What is Rapido's goal for its food delivery platform, Ownly?

Rapido's goal for Ownly is to double the market size of online food delivery in India by focusing on affordability and logistics, with a goal of reaching 100 million users in three years.

How does Rapido plan to achieve its goal of making food delivery more affordable?

Rapido plans to achieve its goal of making food delivery more affordable by keeping menu prices at par with those charged by restaurants, and generating margins through greater logistical efficiencies rather than higher commissions or mark-ups.

What is the current state of the food delivery market in India?

The current state of the food delivery market in India is dominated by a few major players, with Zomato and Swiggy being the market leaders. However, there is still a large untapped market of potential customers who have not yet ordered food online, and Rapido is looking to tap into this market with its affordable and logistics-focused approach.

How does Rapido's logistics network give it an advantage in the food delivery market?

Rapido's logistics network gives it an advantage in the food delivery market because it allows the company to keep delivery costs low, while also providing a seamless experience for customers. With over 3 million riders and 7.5 million orders per day, Rapido has a large and established logistics network that can be leveraged to support its food delivery business.

What is the future outlook for Rapido's food delivery platform, Ownly?

The future outlook for Rapido's food delivery platform, Ownly, is positive, with the company looking to expand its presence in the market and reach new customers. With its focus on affordability and logistics, Ownly is well-positioned to tap into the large and growing market of online food delivery in India.

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Rapido's Food Delivery Bet

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