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Jun 26, 2025
Swiggy CEO prepared for Rapido's food delivery debut
Swiggy's CEO, Sriharsha Majety, told investors the company is all set to handle whatever changes come its way—including Rapido jumping into food delivery.
Even though Swiggy owns a 15% stake in Rapido, Majety made it clear they're staying competitive and focused on holding their ground.
TL;DR
Rapido's aggressive pricing strategy
Rapido—best known for bike rides—is shaking things up by offering restaurants much lower commission rates: ₹25 for smaller orders and ₹50 for bigger ones (just 8-15% per order).
That's way less than what Swiggy and Zomato usually charge.
Still, Majety pointed out that breaking into food delivery isn't easy, mentioning how even big names like Uber and Amazon struggled to make it work.