Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battl...

Gig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising fuel prices and stagnant pay. The...

Urban mobility startup Rapido has secured $240 million in a funding round led by Prosus, valuing the company at $3 billion. This raise is p...

Swiggy'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...

magicpin and Rapido are joining forces to compete with Zomato and Swiggy in the food delivery market. magicpin will connect its restaurant ...

TVS Motor Company is selling its stake in Rapido. Venture capital firm Accel and investor Prosus will acquire shares for Rs 288 crore. This...

Rapido cofounder Aravind Sanka denied the existence of a duopoly in the food delivery business, saying the company eyes an opportunity in t...

On Tuesday, Swiggy informed the stock exchanges that it is offloading its 11.8% holding in Rapido to Prosus and WestBridge Capital for abou...

Swiggy plans to sell its stake in Rapido to Prosus and WestBridge Capital. The sale aims to address Swiggy's balance sheet concerns. JM Fin...

The 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 said it was "actively re-evaluating" its investment in urban mobility startup Rapido. The company further highlighted that Rapido's ...

Rapido will pilot its food delivery service, Ownly, in Bengaluru's Koramangala, HSR, and Sarjapur areas. Targeting 10 cities by next July, ...

Rapido is entering the competitive food delivery market dominated by Zomato and Swiggy, initiating a pilot program in Bengaluru. While anal...

Rapido has entered the food delivery space with an aggressive low-commission model, undercutting Swiggy and Zomato and shaking investor sen...

Rapido is also chalking out plans to enter the insurance distribution space where it could target its driver partners and customers for pro...

TVS Motor also joins as a new investor. According to regulatory filings, Swiggy has pumped about $124 million, giving it around a 15% stake...

If the investment deal goes through it will help Swiggy enhance its last-mile delivery capabilities and bolster its quick commerce ambition...