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VERIFIEDET Finance·neutral
Ownly launches in Hyderabad, bets on lower-cost food delivery model
AI Summary
- ·Ownly, Rapido's food delivery venture, has launched in Hyderabad.
- ·Ownly aims for profitability with an average order value of approximately Rs 250.
- ·The company plans to keep costs lower by utilizing Rapido's existing technology, teams, and logistics network.