Rapido’s food delivery pilot Ownly is gearing up for a wider launch by the end of November, according to sources familiar with the matter. The move comes weeks after Swiggy announced the sale of its stake in Rapido for Rs 2,400 crore to Prosus and Westbridge Capital. Prosus is also reportedly set to lead an additional funding round of around $350 million, which could provide the platform with the cushion required for an aggressive push into food delivery.

The pilot, which was launched in mid-August in select Bengaluru neighbourhoods such as Koramangala, HSR Layout and BTM Layout, will now be expanded to other localities in the city. “The wider launch will focus on localities with higher student and working population,” a source said, adding that Rapido is also eyeing launches in other

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