Moneycontrol Podcast 4633: Rapido’s Ownly challenge to Swiggy and Zomato, Mumbai founders launch TEAM angels fund, InfoEdge’s next big bets & India’s new space hero| MC Tech3
Jun 10, 2025
Discover Rapido's daring challenge to food delivery giants Swiggy and Zomato with its new venture, Ownly, adopting a flat delivery fee and zero commissions for restaurants. Learn about TEAM Angels, a collective of Mumbai founders investing in early-stage startups to spark innovation in the region. InfoEdge Ventures unveils exciting plans focused on AI and SaaS, while mid-sized IT firms race towards billion-dollar revenues. Plus, get inspired by India's next space hero, ready to embark on a journey to the International Space Station!
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Rapido Disrupts Food Delivery
- Rapido launches Ownly to challenge Swiggy and Zomato's food delivery duopoly.
- They offer zero commissions, fixed delivery fees, and price parity with restaurant walk-ins.
TEAM Angels Boost Mumbai Startups
- Mumbai founders launch TEAM Angels to invest in early-stage startups.
- They bring both personal capital and mentorship to boost Mumbai's tech ecosystem.
InfoEdge's AI and SaaS Focus
- InfoEdge Ventures raises Rs 1,000 crore anchor and targets Rs 1,500-1,700 crore.
- They focus on AI, SaaS, and emphasize founder obsession and clarity.