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As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
According to a report from Crisil, which dealt with the subject of IPO fund utilization of Swiggy, out of the ₹4499 crore ...
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NDTV Profit on MSNSwiggy Confirms Rapido Stake Re-Evaluation Amid Intensifying Competition
This decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...
Swiggy said Thursday that it was "actively re-evaluating" its investment in urban mobility startup Rapido, which is planning ...
Swiggy invested in Rapido in 2022 and holds a stake of around 12 percent in the company which translates to around $120 ...
Swiggy on July 31 commented on Rapido's potential entry into the food delivery business. Notably, Swiggy owns a minority ...
Swiggy’s planned exit from Rapido is being seen as a strategic reset to avoid future conflict of interest, as Rapido enters food delivery. Analysts view it as a smart move that sharpens Swiggy’s focus ...
While Rapido has not officially announced its foray into food delivery, a proposal shared with restaurants shows that food ...
Food and grocery delivery firm Swiggy is battling widening losses, reporting a near 96% YoY increase in net loss to ₹1,197 ...
Shubham Parmar balances a nine-hour office job in hospitality with part-time work at Rapido, aiming for extra income ...
Swiggy, the food delivery and quick-commerce platform, has confirmed the intent to re-evaluate its stake in Rapido. The move is driven by Rapido's foray into food delivery. The decision comes as ...
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