Related News

Kilauea volcano (AP image) Hawaii’s Kilauea volcano erupted again on Tuesday. This marks its 32nd eruption since December. Scientists say all these eruptions are part of the same ongoing activity,

Kilauea volcano (AP image) Hawaii’s Kilauea volcano erupted again on Tuesday. This marks its 32nd eruption since December. Scientists say all these eruptions are part of the same ongoing activity,

U.S. President Donald Trump and first lady Melania Trump walk to the Rose Garden of the White House to hold a signing ceremony for the Take it Down Act, in

BENGALURU: A computer no bigger than a credit card may play a key role in answering one of the biggest questions in astronomy — when did the first stars in

The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Dado Ruvic | Reuters Shares of the enterprise artificial intelligence company C3 AI

Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025. David Paul Morris | Bloomberg | Getty Images Salesforce issued disappointing guidance

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Rapido enters food delivery race: Offers restaurant tie-ups at nearly half the commission charged by Zomato, Swiggy

Word Count: 721 | Estimated Reading Time: 4 minutes


Rapido enters food delivery race: Offers restaurant tie-ups at nearly half the commission charged by Zomato, Swiggy

NEW DELHI: Rapido, the ride-hailing platform, is set to shake up the food delivery market by partnering with restaurants at commission rates nearly 50% lower than those charged by major players Swiggy and Zomato, according to sources familiar with the matter.The collaboration with the National Restaurants Association of India (NRAI) indicates that Rapido will implement commission rates between 8-15%, substantially lower than the 16-30% charged by Swiggy and Zomato, an executives told the Economic Times.The agreed terms specify that Rapido will levy “Rs 25 on orders below Rs 400 and Rs 50 on orders over Rs 400”, resulting in commission rates of 8-15% from restaurants, whilst Zomato and Swiggy maintain their 16-30% rates. Customers will access restaurant listings through the Rapido application.“We have been in talks with Rapido for the past few months, similar to how we are working closely with ONDC. We are aiming to create a partnership model that is both economically fair and sustainable for restaurants,” said NRAI president Sagar Daryani.He did not comment on specific partnership terms but added, “It’s also very important for us to know our customers and the same has been candidly communicated to them,” Daryani added. Disagreements between restaurants and large platforms often revolve around allegations of data masking.Rapido has not responded to requests for comment. Their bike-taxi riders currently maintain a limited arrangement with Swiggy for food deliveries in select locations. The NRAI, representing over 500,000 restaurants, initiated a similar ONDC partnership in January, though terms remain under discussion.Several small restaurant owners have raised concerns about high charges on food delivery platforms. Vandit Malik, founder of The Garlic Bread, recently said Zomato is becoming unsustainable for small businesses due to costly ads.In a LinkedIn post, he claimed he spends over ₹30 per order just to stay visible on the app, leaving little to no profit.“Zomato is becoming unsustainable for small restaurant owners like us. To even be visible on the platform, I’m forced to spend Rs 30+ per order on ads. What’s left? Pennies. Sometimes, not even that,” he alleged.Saffroma, a small restaurant based in NCR, recently announced on X that it was leaving Zomato. The owners cited problems like no payouts, unclear service charges, and ads run without their approval. The post later went viral but has since been deleted.





Source link

Most Popular Articles