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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...- 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.
- 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.
- 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 ...
- From ₹40 Lakh Pay to Rapido Driver: Techie who bought ₹1.4 cr flat 2 year ago now struggles to pay ₹95k home loan EMI after layoffA former techie, once earning ₹40 lakh per annum salary, now drives a bike taxi to manage a ₹95,000 monthly home loan EMI after losing his ...
- Auto driver tells techie to pay less than meter after learning about his stipend, says “Bhaiya, aap 400 hi kardo”An auto-rickshaw driver surprised a techie by offering to accept less than the meter fare after learning about his internship stipend. The ...
- Ecomm players catching up in qcomm; Iran's tech targetsHappy Friday! Ecommerce players are beefing up in the quick commerce space. This and more in today's ETtech Morning Dispatch.
- Rapido's new backer; Blinkit gets funding boostAravind Sanka's Rapido has added a new investor to its ongoing $600 million round. This and more in today's ETtech Top 5.
- Rapido fined by CCPA for misleading advertisements, asked to compensate customersThe Central Consumer Protection Authority (CCPA) has fined Rapidoto ₹10 lakh for a misleading advertisement and unfair trade practice. The ...
- 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...
- Swiggy Q1: Losses deepen; Rapido stake on blockSwiggy's net losses ballooned in the April-June quarter despite a rise in revenue. This and more in today's ETtech Top 5.
- 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’s fresh funding; Starlink’s gotcha momentRapido has bagged fresh capital from an investor ahead of its food delivery rollout. This and more in today’s ETtech Top 5.
- Gurugram Rapido driver assists woman in unexpected childbirth; internet calls him a true heroA Rapido driver named Vikas is being praised online for his selfless act of helping a pregnant woman deliver her baby inside his cab in Gur...
- Rapido to expand services to 500 citiesRapido, supported by WestBridge, plans to expand its services to 500 cities, starting with Karnataka, Gujarat, Tamil Nadu, West Bengal and ...
- Rapido's GST hurdle; Byju’s-BCCI settlementRide-hailing app Rapido has been held liable to pay goods and services tax (GST) for its cab service. This and more in today’s ETtech Top 5.
- In bizarre bike snatching, Rapido Captain left stranded as customer speeds awayA Rapido bike rider, referred to as a Captain, has lodged a complaint with the Panjagutta police in Hyderabad, asserting that a customer wh...
- Bengaluru Rapido driver kidnapped, assaulted and robbed by customer's friendAs per the report, the victim was forcibly taken to a slum, where he was physically assaulted with an iron rod. The perpetrator later took ...
- Rapido treats auto drivers in Chennai to an exclusive ‘Jailer’ movie screeningRajinikanth's latest movie “Jailer” has received a grand welcome in its release on the box office. It has earned a mammoth INR52 crore ($7m...
- New hobby in town! Bengaluru engineer works as Rapido driver to talk to peopleCorporate employees are known to be often bored and mentally exhausted. While some go for trips or treks to break the monotony, others enga...
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