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PROSUS AND WESTBRIDGE CAPITAL
ETtech Deals Digest: Startups raise $790 million in second week of MayRapido's substantial $730 million funding round significantly boosted Indian startup investments this week, reaching approximately $790 mil...16 May, 2026, 01.35 PM IST- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.15 May, 2026, 08.09 PM IST
- Rapido raises $240 million from Prosus, WestBridge, Accel; valuation hits $3 billionUrban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...15 May, 2026, 03.32 PM IST
- Premji Invest in talks to join Emergent fundraisePremji Invest is reportedly in talks for a significant investment in coding platform Emergent's $250 million funding round, which could val...06 May, 2026, 09.52 AM IST
- Prosus' arm seeks CCI nod for raising stake in RapidoIn a filing with the competition regulator, MIH Investments One BV said the stake acquisition in Roppen Transportation Services (Rapido) "w...16 Nov, 2025, 11.50 PM IST
- TVS Motor to divest Rapido stake to Accel, Prosus for Rs 288 croreTVS Motor Company is selling its stake in Rapido. Venture capital firm Accel and investor Prosus will acquire shares for Rs 288 crore. This...06 Nov, 2025, 11.27 PM IST
- Prosus buys additional stake in Ixigo; Peak XV, Elevation sell sharesDutch investment firm Prosus has significantly increased its stake in Ixigo's parent company, Le Travenues Technology, by acquiring an addi...15 Oct, 2025, 08.02 PM IST
- Prosus buys 10% of Ixigo parent for Rs 1,296 crore; in talks to acquire additional stake from early investorsIxigo's parent company, Le Travenues Technology, is selling a 10% stake to Prosus for Rs 1,295 crore. The deal involves selling over 4.62 c...11 Oct, 2025, 12.25 PM IST
- Swiggy shares down 21% so far in 2025. Will Rapido stake sale fuel Instamart’s next leg?Swiggy is selling its stake in Rapido. This move aims to free up funds for Instamart. Instamart is Swiggy's quick-commerce business. The sa...26 Sep, 2025, 10.07 AM IST
- Rapido looks to close $550 million in financing as Swiggy ends rideOn Tuesday, Swiggy informed the stock exchanges that it is offloading its 11.8% holding in Rapido to Prosus and WestBridge Capital for abou...24 Sep, 2025, 06.28 PM IST
- Stocks in news: Mazagon Dock, Swiggy, Tata Motors, Indian Hotels, YES BankMarkets experienced a slight dip amid volatility on expiry day, continuing a consolidation phase. Optimism from GST reforms and festive dem...24 Sep, 2025, 06.11 AM IST
- Swiggy incorporates step-down subsidiary to house its Instamart businessThe board of directors of the food and grocery delivery company Swiggy, in a meeting held on Tuesday, approved the sale and transfer of its...23 Sep, 2025, 09.02 PM IST
- Swiggy to sell Rapido stake to Prosus, WestBridge Capital for Rs 2,400 croreThe transactions value Rapido at Rs 20,330 crore (or around $2.3 billion), which is a sharp increase from its last valuation of $1.1 billio...23 Sep, 2025, 07.46 PM IST
- ET Startup Awards 2025: Nominees for Startup of the YearThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the ...27 Aug, 2025, 06.00 AM IST
- Swiggy could offload Rapido stake over conflict concernsSwiggy said it was "actively re-evaluating" its investment in urban mobility startup Rapido. The company further highlighted that Rapido's ...01 Aug, 2025, 03.52 PM IST
- Meesho gets shareholder nod to raise Rs 4,250 crore via IPOMeesho, which completed its domicile shift from the US to India last week, will file its draft IPO prospectus under Sebi’s confidential rou...28 Jun, 2025, 03.52 PM IST
- Bike taxi startup Rapido raises Rs 250 crore from ProsusThis funding infusion is an extension of Rapido's Series E round, during which it raised $200 million, led by WestBridge Capital. Prosus jo...12 Feb, 2025, 03.41 PM IST
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