Quick commerce is the next big disruption for traditional restaurants: Rahul Jain
«Whether these companies would do a little bit of it on their own, whether it would be completely third-party restaurant, whether there could be some kind of cloud structures, I mean all of these things would evolve over time,» says Rahul Jain, Dolat Capital.
Now, of course, Sagar is saying that there is going to be wide ranging impact on smaller players, smaller restaurant partners, particularly. But what is the overall impact that you assess of these 10-minute delivery services on traditional restaurants?
Rahul Jain: The essence of this model is basically delivering things faster, which itself would mean that it would be served through the restaurant which are in closer vicinity. So, to that extent, the proximity of the restaurant to the consumer become an important element for this particular demand to be getting serviced, so that is something where the differentiation would come from those particular units versus the rest of it, so that is something where the impact would come in.
Whether these companies would do a little bit of it on their own, whether it would be completely third-party restaurant, whether there could be some kind of cloud structures, I mean all of these things would evolve over time. So, exact beneficiary and who would be loser one would learn over a period of time as some of these operations scale up.
Now, one cannot really stop the march of technology. All the concerns that Sagar is mentioning are pretty valid. Business models are emerging and with every tech innovation you must have seen
