CHENNAI: Rapido will think of public listing when it has captured 70-75% of the ride-hailing market, says the Vivek Krishna, vice-president, finance, in an interaction with the New Indian Express.
Magicpin and Rapido are teaming up to challenge Zomato and Swiggy's dominance in food delivery. This alliance will grant Rapido access to magicpin's extensive restaurant network, while magicpin gains ...
A recent incident shared by a Bengaluru-based woman has brought attention to a ‘scam’ involving drivers using a fake ride-hailing app to overcharge unsuspecting customers. In a detailed LinkedIn and ...
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 ...
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 ...
Swiggy's board has approved the sale of its Rapido stake for approximately Rs 2,400 crore to Prosus affiliate MIH Investments One and WestBridge Capital's Setu AIF Trust. This decision reverses Swiggy ...
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 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 ...
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 ...
The story highlights a growing issue among urban professionals in India. The pressures of modern professional life can hide underlying loneliness, a theme highlighted by a viral post on X that sparked ...
Uber CEO Dara Khosrowshahi has named Rapido, not Ola, as the company’s biggest rival in India, signaling a shift in the country’s competitive ride-hailing landscape. In a teaser clip from Zerodha ...
The Central Consumer Protection Authority (CCPA) has ordered transportation service provider Rapido (Roppen Transportation Services Private Limited) to pay a penalty of ₹10 lakh for publishing ...
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