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RAPIDO STAKE
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
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.12 May, 2026, 08.55 PM IST
- 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...09 May, 2026, 12.02 AM IST
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...12 Apr, 2026, 09.06 PM IST
- 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...08 Apr, 2026, 02.34 PM IST
- 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...12 Mar, 2026, 06.49 PM IST
- Rapido-backer Advantedge nets 30x returns on its partial exit from firmAdvantedge continues to hold stake worth around $60-65 million in the urban mobility startup. This makes the Delhi-based firm’s total retur...26 Nov, 2025, 06.00 AM IST
- Rapido leads India’s mobility market, says Prosus CEO Fabricio BloisiBengaluru's Rapido has emerged as India's top mobility player, according to Prosus CEO Fabricio Bloisi. The Dutch investor, increasing its ...24 Nov, 2025, 02.46 PM 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 shares in focus as company divests stake in Rapido for Rs 288 croreTVS Motor Company is selling its stake in Rapido for Rs 287.93 crore. This marks a strategic exit from the bike-taxi aggregator. The deal i...07 Nov, 2025, 09.39 AM 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
- TVS Motor to sell stake in Rapido for Rs 288 crTVS Motor Company is selling its stake in bike-taxi aggregator Rapido for Rs 287.93 crore. Agreements have been signed with Accel India VII...06 Nov, 2025, 09.29 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
- Rapido stake sale temporary solution for Swiggy cash burn, says JM FinancialSwiggy plans to sell its stake in Rapido to Prosus and WestBridge Capital. The sale aims to address Swiggy's balance sheet concerns. JM Fin...24 Sep, 2025, 01.44 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
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