Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...

Swiggy is re-evaluating its 12% stake in bike-taxi startup Rapido after the latter announced plans to enter food delivery, a ...

As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...

This decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...

The Sriharsha Majety-led company said that potential monetisation of its investment in Rapido will also allow it to increase ...

E-commerce giant Swiggy is re-evaluating its investment quantum in Rapido given its reported entry in the food delivery ...

Swiggy holds about a 12% minority stake in Rapido, and has acknowledged its entry into the food delivery space as a potential conflict of interest.

The passenger, Priyanka, recounted how the driver was riding on the wrong side of the road, making sharp turns, and failing ...

Swiggy invested in Rapido in 2022 and holds a stake of around 12 percent in the company which translates to around $120 ...

KAKINADA: Auto owners and drivers in Kakinada city have launched a protest against Rapido services, deciding to delete the ...

Swiggy is re-evaluating its investment in Rapido due to a potential conflict of interest as Rapido enters the food delivery ...

"As a shareholder, we are extremely happy with their success and value-creation but do acknowledge a potential conflict of ...