India’s rapid begins the proof of food delivery to take Swiggy, zomato

Quick, a popular passage platform in quietly, quietly hanging out of food shipping, marcellaneous the challenge in one of the fastest of increasing

The beginning of 10 years started to try their food shipping service in the MERID HEADY TRAIN, AND KNOWDIN AND MADE CONFIRMINED TO TECHCRUN SANKA

The rapid created a tediciery tidy technology in the entire feeding of their food delivery, called. Listed Sobsidity Sanda and Proud Protic Living Krishna as directors, for Regulatory yarns revolved by Techcrunch.

Sight said there was no specific reason to install the subsidy. However, it may be a strategic move to avoid potential conflicts of interest with swiggy, which currently a 12% minority match in the ride-living ride.

Swiggy recently confirmed In a letter to the concession that you would not describe his quick investment, Cite a potential conflict of interest “what can shape in the opponent.”

Meanwhile, the rapid is too released Their Android app on google game that offers food from neighboring restaurants at about 15% of lower prices than Swaggy and Zomato.

The boring pirgion for non-measurement of the restaurants, which are up to 30% in the case of other food delivery app, including swaggy, and instead of charge a fixed taxes. The startup said that the fixed fees approach In a proposal to the restaurants in June.

The Rapida has a fleet of approximately 10 million, including 5 million two graffs, through India, a Fitle Firm with the Startup businesses to Techcrunnch. The company is using his two-wheel fleet to bring food – by side of the bid of their taxi’s services.

Rapido Mervé showing the restaurants placed away from clients to reduce the fuel costs, and cure the app for maximum margins, anonymous aging.

While handling by swirling to Swiggy, executed to the edge of tip and high-question restaurants – the data you would have their own food service, the investor said.

The agreement with swigs does not prevent the rapid of using this data, as soon as you meet by entering the contest with other contest, the instant added.

Founded in 2015, the rapid began as a taxi aggregator before expanding to auto rickshaws, delivery of the package, and third party. In the 2023, it entered the cabin deal to take on Uber and Local Rival Oola. The Startup Stars has earned traction in this segment with its subscription based model, placing as an alternative to the commission-based refuge.

Fast too partnership with the taiwanese-battery battery to implement their vehicles as a bicycle taxi. Also, the recent moves have helped the Startup Boost its assessment and become unicorn last year.

The delivery market of India is Scheduled by Surpass ₹ 2 trillion (approximately $ 23 billion) of 2030, for a report for Bain & Company and Swiggy reset last year. Zomato currently Bring the market with a 58% shareAccording to the Motilage Motilal Motilal Motilal, while Swiggy have 42% remainingby Bernstein. Uber was also between the first gear in the space with Uber eats, which is Sold to Zomato in early 2020. I am

To far away, rapid raised $ 574 million in 13 rounds, in order Tracxn. Operates in more than 250 cities and handle more than 3.5 million horses. The startup counts Prosus, Capital of Bordbridge, Partners Nexus Nexus, and think investments, among their key investors.