Rapido, a popular ride-hailing platform in India that competes with Uber, has doubled its valuation to $2.3 billion following a secondary share sale by food delivery giant Swiggy. The share sale comes ...

Bengaluru-based ride-hailing startup Rapido is finalising a $500-550 million (Rs 4,500-5,000 crore) funding round, combining primary and secondary deals, while Swiggy exits its stake in the ...

Food tech firm Swiggy has divested its entire 11.8% holding in Rapido, selling shares to Dutch investment firm Prosus NV and WestBridge Capital. Of the total transaction valued at ₹2,400 crore, Prosus ...

Woman stranded late after Garba found flatmate away and lost keys to flat Rapido driver offered to stay with woman on deserted road till friend arrived Video of incident was shared on Instagram A ...

Swiggy Ltd. has decided to exit Rapido in a stake-sale deal that more than doubles the valuation of the mobility startup. A Swiggy delivery agent. (Reuters) The listed quick-commerce company will sell ...

Food delivery giant Swiggy's Board has approved the sale of its stake worth ₹2,400 crore in ride-hailing company Rapido to Prosus, Westbridge Capital, the company informed in exchange filings on ...

Of the total transaction, Prosus’s subsidiary MIH Investments One B.V. acquired shares worth ₹1,968 crore, while WestBridge Capital picked up the remaining ₹431.5 crore portion, showed exchange ...

Swiggy has approved the sale of its stake in bike-taxi startup Rapido to existing investors Prosus and Westbridge in a transaction valued at around ₹2,400 crore. Exchange filings on September 23 ...

Indian food delivery giant Swiggy will divest its stake in ride-hailing app Rapido, the company revealed in an exchange filing. For context, Swiggy announced on September 23 that its board had cleared ...

Swiggy had invested Rs 950 crore in the ride-hailing company in 2022. (Photo source: Canva) Food and grocery delivery major Swiggy will sell its entire 12% stake in ride-hailing platform Rapido ...

A Rapido driver in Bengaluru claimed that he was suspended from the Captain app after posting about rider safety and payment issues on X, sparking widespread discussion online. The driver shared ...