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RAPIDO FOOD DELIVERY
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha MajetySwiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battl...
Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
Uber still ahead despite stiffening competition, playing to win: CEO Dara KhosrowshahiUber CEO Dara Khosrowshahi asserts the company's dominance, highlighting expansion into allied businesses and India's projected rise as its...
Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
Gig workers’ union calls for five-hour shutdown over rising fuel costs; protest on SaturdayGig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising fuel prices and stagnant pay. The...
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.
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...
Uber CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala SitharamanUber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadru...
Swiggy Q4 revenue surges 45%, net loss narrows to Rs 800 croreSwiggy's operating revenue surged 45% to Rs 6,383 crore in Q4, with net loss narrowing to Rs 800 crore. The company is balancing growth and...
JM Financial wants a deep-pocketed player to acquire Swiggy. Here's whyBrokerage firm JM Financial has downgraded Swiggy, citing concerns over its quick commerce arm, Instamart. They believe a takeover by a lar...
US-based Accel Leaders Fund may join Rapido’s $600 million round: SourcesAlong with the two investors, Accel’s India outfit is also participating in the transaction, which includes both primary and secondary comp...
magicpin-Rapido partner for food deliveriesmagicpin and Rapido are joining forces to compete with Zomato and Swiggy in the food delivery market. magicpin will connect its restaurant ...
Rapido's food delivery app Ownly goes live in BengaluruThe company is looking to take on incumbents Zomato and Swiggy by aiming to replicate its success from the ride-hailing sector, where it ha...
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 ...
Rapido eyeing food delivery service Ownly’s pilot in Bengaluru by next weekRapido will pilot its food delivery service, Ownly, in Bengaluru's Koramangala, HSR, and Sarjapur areas. Targeting 10 cities by next July, ...
Rapido trying a bite in a market that has burned big namesRapido, the two-wheeler ride-hailing company, is venturing into the competitive food delivery market, backed by significant funding and pla...
Rapido crashes food delivery party. Should Swiggy and Eternal investors be worried?Rapido has entered the food delivery space with an aggressive low-commission model, undercutting Swiggy and Zomato and shaking investor sen...
Rapido likely to run food delivery pilot in Bengaluru soonBike taxi platform Rapido may roll out the pilot programme for its food delivery service in Bengaluru in the coming weeks, sources told us....
Rapido in talks to challenge Swiggy and Zomato in food delivery spaceSenior executives at Rapido have been meeting with restaurant owners to develop a business model that competes with the current commission ...