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 ...

Rapido cofounder Aravind Sanka told PTI that the company expects to maintain its growth rate of 100 per cent year-on-year for the next few years and be a much larger player compared to its nearest ...

TVS Motor Company is divesting its stake in bike-taxi aggregator Rapido for Rs 287.93 crore, marking a complete exit from its earlier strategic partnership. The company has signed agreements to sell ...

Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On ...

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 ...

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 ...

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 ...

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 ...