Swiggy holds about a 12% minority stake in Rapido, and has acknowledged its entry into the food delivery space as a potential conflict of interest.

Swiggy reports steady food delivery growth with an 18.8% increase in Gross Order Value in Q1. Despite a loss in quick commerce, efficiency is improving as the company re-evaluates its investment in ...

A woman's auto-rickshaw ride turned sour when the driver questioned her job choices and abruptly ended the trip a kilometer ...

Swiggy’s planned exit from Rapido is being seen as a strategic reset to avoid future conflict of interest, as Rapido enters food delivery. Analysts view it as a smart move that sharpens Swiggy’s focus ...

As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...

Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...

E-commerce giant Swiggy is re-evaluating its investment quantum in Rapido given its reported entry in the food delivery ...

Swiggy said Thursday that it was "actively re-evaluating" its investment in urban mobility startup Rapido, which is planning ...

Swiggy, the food delivery and quick-commerce platform, has confirmed the intent to re-evaluate its stake in Rapido. The move is driven by Rapido's foray into food delivery. The decision comes as ...

This decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...

Swiggy reported a doubled net loss of ₹1,197 crore for the April-June quarter, with a cash burn of ₹1,053 crore amid intense ...

Swiggy considers exiting Rapido investment over conflict concerns as Rapido eyes entry into food delivery space.