Rapido has officially rolled out the Ownly food delivery app across selected pin codes in Bengaluru, including Koramangala, HSR Layout, and BTM Layout.
- Zero-Commission Model: Unlike Swiggy and Zomato (which charge restaurants commissions of 16–30%), Ownly charges a fixed delivery fee per order—a cost likely lower than typical platform commissions.
- Affordable Pricing: The app offers most food items under ₹150, with staples like rice, chapati, and eggs priced below ₹100. Rapido claims this translates to meals up to 15% cheaper than those on existing platforms.
- Delivery Fee Structure:
- Orders ≤ ₹100: Customers pay ₹20; restaurants cover a ₹10 delivery fee.
- Orders ₹100-₹400: A ₹25 delivery fee plus GST.
- Orders > ₹400: A ₹50 delivery fee applies.
- Leveraging Existing Network: Ownly deliveries will be fulfilled using Rapido’s existing two-wheeler rider network—allowing rapid scale-up using established logistics. App was tested internally before public debut.
- Subsidiary Setup: TechCrunch reports that Rapido launched Ownly under a new subsidiary, Ctrlx Technologies, possibly to sidestep conflict-of-interest concerns—especially since investor Swiggy holds a 12% stake in Rapido.TechCrunch
Why It Matters
| Factor | Significance |
|---|---|
| Competitive Disruption | Ownly enters a market dominated by Swiggy and Zomato with a unique, cost-saving model. |
| Restaurant-Friendly | Zero-commission approach offers greater margins and incentive for restaurants to onboard. |
| Budget-Focused Consumers | Lower prices appeal strongly in cost-sensitive markets like Bengaluru. |
| Smart Scaling | Using existing rider infrastructure ensures agile, efficient rollout. |
| Potential Conflicts | Swiggy may exit its investment due to competitive overlap created by this launch. |
