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The great food delivery reset: How small restaurants are challenging commission-driven delivery modelsIndia's booming food delivery sector faces a growing challenge as independent restaurants question the sustainability of high commission fe...- 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...
- 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 ...
- 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 ...
- ET Startup Awards 2025: Founders favour frugality, product mix to drive profitabilityTop executives from India’s startup ecosystem, Urban Company cofounder Abhiraj Singh Bahl, Rapido CEO Aravind Sanka, and Lenskart CEO Peyus...
- Rapido raises $200 million in funding led by WestBridge; valuation hits $1.1 billionAravind Sanka, the company's CEO, told ET that the funds will be used to expand Rapido's newly launched four-wheeler taxi service, which co...
- DLF files FIR against ex-CFO for Rs 311 crore blackmail, extortionDLF has accused its former CFO and MD of the rental arm, Ramesh Sanka, of blackmail and extortion, demanding ₹311 crore. Sanka allegedly th...
- Gurgaon court directs police to initiate process to declare Ramesh Sanka, former IREO CEO a “proclaimed offender”The order was issued after an arrest warrant against him returned unexecuted. The court said it “is satisfied that the presence of the accu...
- Bike taxi startup Rapido returns to pre-covid peaksWith more offices, schools and colleges opening across the country, Rapido is aiming at more than trebling the number of transacting users ...
- Rapido raises $52 million led by WestBridge, Yamaha joins as new investorValuation stands at $250 million post funding, company expects full recovery to pre-Covid levels next month
- How the pandemic hit Rapido services, but the bike-taxi aggregator found a way to make the most of itAravind Sanka said that the bike taxi services came to a complete standstill in the lockdown.
- Rapido launches Mumbai operations, eyes profitability in 18 monthsThe motorcycle taxi service aggregator now has its operations spread across all metro cities in the country.
- Rapido turns to hyperlocal delivery nowRapido is targeting garnering a quarter of its revenues from its logistics venture, up from 10% earlier.
- Rapido plans to launch “power pass” for regular commuters“We are planning to make the app more powerful with new features. We will continue to be focused on making commuters’ daily travel faster a...
- Large size, tenant & infra mix needed for success of malls: DLFLarge shopping malls with right mix of tenants and good infrastructure would have a greater chance of success going forward, a top official...
- DLF files 5 patents for fire safety methodsCountry's largest realty firm DLF today said it has filed for five patents for inventions that relate to fire safety of its buildings.
- DLF aims to lease out up to 4 mn sqft commercial spaceRealty giant DLF targets to lease out up to 4 million sq ft of commercial space and expects rental income to increase by 15 per cent in thi...
- DLF CFO sells 1 lakh shares, stock down 20%DLF's chief financial officer Ramesh Sanka sold his entire stake in the company on January 5 citing personal reasons.
- DLF to list 5 units, raise $5 bnReal estate major DLF plans to raise $5 billion over the next three years by listing five of its business units, including DLF Homes, DLF R...
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