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Swiggy, Zomato, Uber asked to register gig workers by June 21: ReportApp-based platforms like Swiggy, Zomato, Uber, Ola, Rapido, Blinkit, and Zepto must register their gig workers on the e-Shram portal by Jun...
Behind the resurgence: Zomato and Swiggy regain food delivery momentum in the December quarterIndia’s food delivery market grew faster than expected in October–December, with Zomato and Swiggy surpassing 20% order value growth. Both ...
Qcomm dials up gig-workers; Spiritual apps go offlineHappy Wednesday! Quick commerce platforms are increasing their onboarding of last-mile gig workers. This and more in today's ETtech Morning...
Prosus broadening India remit to back firms at all stagesSpeaking to ET after Prosus reported its half-yearly earnings, its India ecosystem head Ashutosh Sharma said the investor has the ability t...
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 ...
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...
Alakh Pandey on PhysicsWallah’s IPO; Slice’s losses widenHappy Friday! PhysicsWallah plans to double down on a bet that can protect it from the vagaries of the online learning space. This and more...
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...
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...
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 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...
Silicon dreams meet India; FirstCry’s Q1 reportHappy Thursday! International semiconductor companies are vying to cash in on the India opportunity. This and more in today’s ETtech Mornin...
Tata Digital shores up board; Rapido’s tasty new rideHappy Tuesday! The Tata Group has appointed two consumer-focused group CEOs to Tata Digital’s board. This and more at today’s Morning Dispa...
Digital lenders stay cautious; Swiggy sees no easy wins for RapidoHappy Thursday! Some digital lending startups reported modest profit growth in FY25, while others have pulled back on IPO plans. This and m...
Pine Labs, Meesho eye D-Street address; Rapido’s food delivery outlookPine Labs is set to file its draft prospectus for its IPO by June-end, while Meesho may follow suit in the coming weeks. This and more in t...
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...
Prosus has invested $8.6 billion in India, remains a key market: CEO Fabricio BloisiProsus remains bullish on India, having invested $8.6 billion and seeing significant opportunities. Swiggy's successful IPO, where Prosus o...
Cooking up a storm: Rapido’s foray will disrupt the food delivery market, say industry expertsTop sources in the know told ET Digital that Rapido’s foray will be in July via a model where commission costs could be lower or even as a ...
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...
Rapido rolls into the unicorn club with $120 million from WestBridgeRapido has so far raised $329 million in funding. A US-based family office and a UK-based fund are eyeing stakes in the company. The ride-h...