
Rapido’s food delivery entry unlikely to dent duopoly, say brokerages
Rapido’s foray into food delivery through a pilot in Bengaluru is unlikely to materially disrupt the entrenched duopoly of Zomato and Swiggy, multiple brokerages said in separate notes, citing the operational complexity, capital intensity and customer experience challenges inherent to the business.TOI reported on Monday, Bengaluru-based Rapido is currently preparing to launch its food delivery…