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Vanguard slashes Ola value; War chokes PCB supplyAmerican investor Vanguard has sharply cut the fair value of Ola's parent company. This and more in today's ETtech Top 5.- 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...
- Swiggy increases platform fee to Rs 17.58 from Rs 14.99, days after Zomato's hikeSwiggy platform fee hike: This comes days after rival Zomato hiked its platform fee by Rs 2.40 per order to Rs 14.90 before GST. Including ...
- Zomato hikes platform fee for users by Rs 2.40 per orderZomato platform fee hike: The last such hike was happened in September 2025. Including taxes, Zomato's food delivery rival Swiggy is curren...
- Rapido expects to start working on IPO by 2026-end: Cofounder Aravind SankaRapido 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 ...
- 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...
- Swiggy rides out of Rapido; Festive fervour hits ecommHappy Wednesday! Swiggy is selling its entire stake in Rapido, following the latter’s foray into food delivery. This and more in today's ET...
- ETtech in-depth: Rapido races to the top, keeping Uber on edgeBengaluru-based mobility company Rapido now has nearly half the share of overall ride-hailing market, with monthly active users at 50 milli...
- Rapido, not Ola, is Uber’s biggest rival in India: CEO Dara KhosrowshahiUber CEO Dara Khosrowshahi said Rapido has overtaken Ola as Uber’s main rival in India. Speaking on Nikhil Kamath’s podcast, he called Rapi...
- ETtech Explainer: Rapido’s bold challenge to Zomato, Swiggy amid sector slowdownRapido has launched a food delivery app, Ownly, in Bengaluru, challenging Zomato and Swiggy. Offering lower restaurant commissions and fixe...
- IITian still remembers each of 75 rejections but went on to build a Rs 9,500 crore business. Who is Pavan Guntupalli, founder of Rapido?Pavan Guntupalli, an IIT Kharagpur alumnus, transformed a simple concept into Rapido, a bike-taxi service valued at ₹6,700 crore. Overcomin...
- Uber’s India ambitions face latest challenge from rival RapidoRapido, an Indian ride-hailing service, is growing rapidly. It is surpassing Uber and Ola in new user acquisition. Rapido's unique subscrip...
- Rapido will need to go all out to battle Zomato, Swiggy in food delivery, say brokeragesRapido is entering the competitive food delivery market dominated by Zomato and Swiggy, initiating a pilot program in Bengaluru. While anal...
- 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...
- Zepto founders’ debt; Rapido’s food delivery rideHappy Monday! Zepto founders are raising funds through structured debt ahead of the company’s IPO. This and more in today’s ETtech Morning ...
- 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 ...
- Uber rolls out 'Uber One' loyalty programme in IndiaAlong with its parcel delivery offering, this loyalty program is offering up to 10% credits on ride-hailing for four-wheelers, three-wheele...
- Rapido goes past $1 billion GMV markRapido, which launched as a bike-taxi platform, has crossed a gross merchandise value (GMV) of $1 billion on the back of aggressive expansi...
- Juspay spins off mobility platform Namma Yatri into new entityMoving Tech Innovations Ltd, a Juspay spin-off, focuses on cost-effective solutions in the ride-hailing industry. Led by Shan M S and Magiz...
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