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Z47 managing director Tarun Davda to exit firm amid string of top-level departures at VC fundsTarun Davda, a key figure at Z47 for ten years, plans to exit the venture capital firm by year-end. Sources told us that Davda is exploring...- 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...
- Uber CEO Dara Khosrowshahi on India bets, Travis Kalanick, jobs in the AI era & moreUber CEO Dara Khosrowshahi anticipates India becoming its largest market in a decade, highlighting dynamic growth and talent. The company i...
- 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.
- 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...
- Techie, a grad from NIT, reveals how she ended up as a Rapido driver for a while: ‘Giving you a glimpse of what failure looks like…’A former NIT Durgapur graduate, Rupanjana Mitra, shared her journey of career setbacks and personal struggles online. Her candid account of...
- 'Din me employee, rat me Rapido drive': Watch viral video of a father who works for 15 hours to pay Rs 20 lakh loan EMIsAn Indian father works over 15 hours daily, juggling a day job and gig work to manage loan EMIs. The video shows him returning home late, p...
- 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 ...
- Warren Buffett's Quote of the Day: Legendary investor's brutal truth on about reputation everyone should know. 'It takes 20 years to build a reputation and five...'Quote of the Day by Warren Buffett: Warren Buffett, one of the most successful investors of all time, said in one of his quotes that it tak...
- 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...
- Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per orderEternal shares surged 3% after Zomato increased its platform fee by Rs 2.40 per order, bringing it in line with rival Swiggy. This move fol...
- 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...
- Rapido’s food delivery app Ownly launches services across BengaluruAccording to the company, Ownly is a zero-commission platform, i.e., it doesn’t charge any fee from restaurants. On the other hand, Zomato ...
- magicpin-Rapido partner for food deliveriesmagicpin and Rapido are joining forces to compete with Zomato and Swiggy in the food delivery market. magicpin will connect its restaurant ...
- 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...
- 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...
- Rapido launches travel section; partners with Goibibo, ConfirmTkt, RedBusWith this, the ride-hailing major is positioning itself as a one-stop solution for digital travel users, combining daily mobility with trav...
- 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...
- Rapido's food delivery app Ownly goes live in BengaluruThe company is looking to take on incumbents Zomato and Swiggy by aiming to replicate its success from the ride-hailing sector, where it ha...
- Rapido eyeing food delivery service Ownly’s pilot in Bengaluru by next weekRapido will pilot its food delivery service, Ownly, in Bengaluru's Koramangala, HSR, and Sarjapur areas. Targeting 10 cities by next July, ...
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