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.

Rapido’s partnership with Magicpin signals an aggressive attempt to scale Ownly far faster than any new food delivery entrant in recent years. By tapping into Magicpin’s network of more than 80,000 ...

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 ...

TVS Motor Company is selling its stake in Rapido. Venture capital firm Accel and investor Prosus will acquire shares for Rs 288 crore. This move comes as Rapido is reportedly closing a larger funding ...

On Tuesday, Swiggy informed the stock exchanges that it is offloading its 11.8% holding in Rapido to Prosus and WestBridge Capital for about $270 million (Rs 2,400 crore). Prosus and WestBridge ...

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 ...

JM Financial warns of ongoing cash burn; recommends raising $500M+ for buffer Swiggy is shaking up its food delivery and quick commerce games during the festive season sale time. The food tech giant ...

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 ...

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 ...

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 ...

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 ...