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AgriTech AI AirTech All News Apple Artificial Intelligence AviationTech B2B BeautyTech Blockchain

Recent

35+ Mac apps – build your own bundle from $2.50
Issue Subscribed 5% On Day 1 So Far
Lehar Footwears announced H1FY26 and Q2FY26 results, Reports Strong Revenue and PAT Growth
Grab to invest $60m in Vay’s remote-driven EV service
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What Are You Looking For?

AgriTech AI AirTech All News Apple Artificial Intelligence AviationTech B2B BeautyTech Blockchain

Recent

35+ Mac apps – build your own bundle from $2.50
Issue Subscribed 5% On Day 1 So Far
Lehar Footwears announced H1FY26 and Q2FY26 results, Reports Strong Revenue and PAT Growth
Grab to invest $60m in Vay’s remote-driven EV service
Consumer Service

Swiggy Mulls Divesting Stake In Rapido Amid Its Food Delivery Foray


SUMMARY

Swiggy said that its stake of about 12% in Rapido has appreciated significantly since its investment, but it is now “actively re-evaluating” the investment

The foodtech major said that Rapido’s entry in the food delivery segment may create a potential conflict of interest

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

Amid the entry of Rapido in the food delivery segment, Swiggy is mulling divesting its stake in the…



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