India-based magicpin and Rapido partner to challenge market power of Zomato and Swiggy in online food delivery. Ownly will integrate magicpin’s 80,000+ restaurants. Rapido’s delivery fleet to support magicpin in select locations. Swiggy reconsidered investment in Rapido due to potential conflict of interest. Zomato holds approximately 15% interest in magicpin.

Read more at Yahoo Finance: Rapido and magicpin target Zomato-Swiggy dominance in food delivery