Food Delivery Archives - https://fastnewsglobe.com/tag/food-delivery/ Wed, 11 Jun 2025 12:49:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/fastnewsglobe.com/wp-content/uploads/2025/03/fastnewsglobe.png?fit=32%2C32&ssl=1 Food Delivery Archives - https://fastnewsglobe.com/tag/food-delivery/ 32 32 242798455 Bigbasket preparaing to launch 10-minute food delivery across India, will give competition to blinkit, swiggy https://fastnewsglobe.com/bigbasket-preparaing-to-launch-10-minute-food-delivery-across-india-will-give-competition-to-blinkit-swiggy/ https://fastnewsglobe.com/bigbasket-preparaing-to-launch-10-minute-food-delivery-across-india-will-give-competition-to-blinkit-swiggy/#respond Wed, 11 Jun 2025 12:49:52 +0000 https://fastnewsglobe.com/bigbasket-preparaing-to-launch-10-minute-food-delivery-across-india-will-give-competition-to-blinkit-swiggy/ BIGBASKET, one of the big quick commerce companies, plans to start food delivery in 10...

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BIGBASKET, one of the big quick commerce companies, plans to start food delivery in 10 minutes across the country by the end of this financial year. Bigbasket with Tata Group’s investment will compete with Bistro, Swiggy’s SNACC and ZEPTO’s CAFE.

Competition is increasing rapidly in the country’s Quick-commerce segment of about 7.1 billion dollars (about 60,722 crore) in the country. Bigbasket The co-founder, Vipul Parekh, told Reuters that his target is to pull customers of existing food delivery companies like Swiggy and Zomato. Along with this, Bigbasket will also bring new pools of customers.

In services like Swiggy’s SNACC and Zepto’s cafe, ready-to-eat snacks and coffee are transported to customers within 15 minutes. Parikh said that Bigbasket plans to use dark stores for this service. This will increase the company’s presence in the market of Quick-commerce. Dark stores have a small warehouse in over -numbers of people. It usually deliver grocery or food delivery partners, which usually consists of two-wheeler riders. Bigbasket started online delivery of grocery a few years ago. Its dark stores are around 700. The company plans to increase it to 1,000-1,200 stores by the end of the current year. Parikh misunderstood these media reports that the company is looking for external investors to raise funds. He has confirmed the Bigbasket’s plan to bring an Initial Public Offer (IPO) within 18-24 months. Parikh said that due to being part of the Tata Group, the company has enough capital available.

Bigbasket started the trial of this service in Bengaluru about a month ago. Parikh said that the food delivery service will be extended to 40 dark stores by the end of July. 5–10 percent of Bigbasket customers are combining quick-food items with their normal orders. This number is expected to increase. The company’s menu will include the food items of Starbucks and Indian Hotels Food Unit Qmin’s food items. These two companies of Tata Group are part in the country.

(This news has not been edited by the NDTV team. It has been published directly from the syndicate feed.)

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]]> https://fastnewsglobe.com/bigbasket-preparaing-to-launch-10-minute-food-delivery-across-india-will-give-competition-to-blinkit-swiggy/feed/ 0 38323 Rapido entred the food delivery sector swiggy and zomato got tensed https://fastnewsglobe.com/rapido-entred-the-food-delivery-sector-swiggy-and-zomato-got-tensed/ https://fastnewsglobe.com/rapido-entred-the-food-delivery-sector-swiggy-and-zomato-got-tensed/#respond Tue, 10 Jun 2025 15:33:03 +0000 https://fastnewsglobe.com/rapido-entred-the-food-delivery-sector-swiggy-and-zomato-got-tensed/ Rapido, known for bike taxi service, has now landed in the food delivery ground. The...

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Rapido, known for bike taxi service, has now landed in the food delivery ground. The company has started this service by activating its 40 lakh rider network (almost zero additional expenses). Due to this, the alarm bell has been rang for legendary players like ZOMATO (now Eternal) and Swiggy.

ZOMATO and Swiggy’s earnings impact

According to Elara Securities report, if Rapido applies its plan correctly and extensively, it can damage the stable revenue models and profits of Zomato and Swiggy. Zomato and Swiggy have been doing food delivery for the last decade and now they have set a target of 5 percent adjustable Ebitda. But Rapido’s fast entry can shake this stability.

Direct collision with cheap commission structure

Rapido’s commission structure can create a stir in the market. While ZOMATO and Swiggy take 21-22 percent commission from the restaurant partners, Rapido will collect only 8-15 percent. Not only this, there will be a delivery fee of Rs 25 on orders less than Rs 400 and Rs 50 on orders of more than Rs 400. This service will start as a pilot project from Bengaluru.

Strong grip in rider network

Rapido has 40 lakh rider with 30–35 lakh daily rides. In comparison, Eternal (Zomato) has 4.4 lakh and Swiggy has 5.3 lakh riders. That is, Rapido is already in a very strong position in last-mile delivery.

One app, three tasks

Rapido’s plan is not just food delivery. Ride, parcel and food delivery will be merged through the same app. This will not only increase the earnings of riders, but will also reduce logistics expenses. The algorithm will decide which rider can, where and what to deliver so that it can earn more in the least distance.

What can be challenges?

Elara’s report also states that Rapido does not have a dedicated fleet for food delivery, which can affect the quality of orders with delivery (less than 30 minutes) in a short time. This is the reason that even new players like ONDC and Ola have not been able to move much further.

Can Rapido become a gamechanger?

However, if Rapido continuously shows better execution and scale performance, it can break the monopoly of zomato and swiggy. It has a compensation of cheap commission, tremendous network and technology and if all this works properly, then a new player may soon be seen ruling in the world of food delivery.

Also read: How this multibagger stock fell 90 percent in a single day, investor shocked, understand what is the whole matter

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