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Ownly and magicpin target food-delivery gains as Bengaluru restaurants defer Swiggy-Zomato action

Our read

Restaurant bargaining power rises in Bengaluru, forcing selective Swiggy-Zomato merchant concessions while Ownly and magicpin gain listings faster than they gain durable consumer share.

For operators

Use Ownly and magicpin pilots to improve delivery economics and strengthen negotiations with Swiggy and Zomato while restaurant groups continue pressing incumbents on discounts, promotions and refunds.

Watch

A formal Bengaluru restaurant-association deadline, boycott vote, or signed revised commercial framework with Swiggy and Zomato.

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The report,

Ownly and magicpin are targeting greater share in India’s underpenetrated food-delivery market through restaurant participation and order growth. Meanwhile, Bengaluru restaurant bodies deferred a proposed Swiggy-Zomato boycott after discussions on discount approvals, promotions and refunds.

Newer report , , The Hindu BusinessLine : Rapido-backed Ownly eyes multi-city rollout after hitting 50,000 daily Bengaluru orders

Channel facts

From the report. Source details below

Restaurants' proposed Swiggy-Zomato disengagement was deferred from August 15 to August 31
Restaurants may decide next steps from September 1

Also in the report

  • magicpin claims to be India's third-largest food delivery app

What it means for online and offline

Evaluate partnerships or strategic investments in restaurant-enablement and alternative delivery platforms that can aggregate merchant demand and reduce dependence on dominant food-delivery marketplaces.

The counter-case

The case against this reading — not reported by the source.

The signal may overstate competitive disruption. Restaurant frustration with Swiggy and Zomato does not automatically translate into durable volume for Ownly or magicpin: consumers remain anchored to incumbent apps through selection, delivery reliability, subscriptions, payment habits and network density. Restaurant bodies postponing disengagement also suggests they lack a credible near-term alternative and still need the incumbents' demand. New platforms may win partners by offering lower commissions or promotional support, but those economics can be expensive to sustain once customer-acquisition, rider availability, refunds and discounts are fully absorbed.

The source

Source Read the source at ET Small Business

Published

Also reported by Business Standard, The Hindu BusinessLine

First seen