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RAPIDO STAKE SALE
Yatra founders explore stake sale as consolidation buzz swirls in online travelYatra Online's founders are reportedly in talks to sell a controlling stake. Feelers have been sent to rivals like MakeMyTrip, Paytm Travel...- 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.
- 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...
- 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 ...
- 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...
- 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.
- 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...
- Swiggy’s Rs 10,000-crore QIP gets 4.5x subscription; most bids around Rs 375 per share, sources saySwiggy will issue fresh shares at around Rs 375 apiece for its Rs 10,000-crore qualified institutional placement (QIP), people with direct ...
- 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...
- 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...
- 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...
- 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...
- 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...
- Swiggy shares in focus after Rs 2,399 crore stake sale in Rapido, Instamart slump saleSwiggy's board has approved the sale of its stake in Rapido. The sale will be to MIH Investments One B.V. and Setu AIF Trust. The total val...
- 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...
- Swiggy incorporates step-down subsidiary to house its Instamart businessThe board of directors of the food and grocery delivery company Swiggy, in a meeting held on Tuesday, approved the sale and transfer of its...
- Rise & rise of Rapido; Urban Company's Rs 854 crore anchor roundHappy Wednesday! Rapido's rise has made larger rivals Uber react. This and more in today's ETtech Morning Dispatch.
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