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Rapido CEO Targets 100 Million Food Delivery Users, Says Current Model Is Broken

Rapido CEO Targets 100 Million Food Delivery Users, Says Current Model Is Broken

Rapido CEO Aravind Sanka believes India's food delivery industry needs a complete rethink. According to him, if online food delivery fails to reach 100 million users within the next three years, there would be "no reason" for Rapido to remain in the business. He argues that the current model followed by major platforms has become expensive for both customers and restaurants, limiting the market's growth.

Through its new food delivery platform Ownly, Rapido plans to focus on affordability, zero-commission for restaurants, and its existing logistics network to attract millions of new users. The company believes this approach can significantly expand India's online food delivery market instead of competing only for existing customers.

Can Rapido really disrupt Zomato and Swiggy with its zero-commission model?

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