Rapido

Swiggy to sell Rapido stake for Rs 2,400 crore

Prosus, WestBridge Capital to buy shares.

September 24, 2025 15:39 IST

Maharashtra approves Uber, Ola and Rapido bike taxis with Rs 15 starting fare

The licences were given to ANI Technologies (Ola), Uber India Systems, and Roppen Transportation Services (Rapido). The firms must now…

September 16, 2025 15:27 IST

Swiggy plans to sell 12% stake in Rapido as Prosus eyes $150-180 million investment

Dutch firm Prosus NV eyes 12% Rapido stake from Swigyy for $150-180m

Swiggy is looking to sell its 12% stake in Rapido, valued at over $320 million, while Prosus NV, a leading…

Updated: September 16, 2025 13:05 IST

rapido. rapido fined, rapido news, rapido booking, ccpa

‘Auto in 5 mins’: Rapido fined Rs 10 lakh for ‘misleading ads’, ordered to issue refund to customers

The CCPA order mentions that Rapido ran a campaign “Auto in 5 min or get Rs 50”, misleading customers by…

Updated: August 21, 2025 12:25 IST

National Restaurant Association of India, NRAI, Rapido, Industry, Zomato, Swiggy

Rapido launches food delivery platform ‘Ownly’ in Bengaluru

Rapido launches ‘Ownly’ food delivery in Bengaluru with a zero-commission model for restaurants and transparent flat delivery fees. Starting in…

August 13, 2025 23:27 IST

Rapido Delays Food Delivery Launch Amid Swiggy Stake Sale and Investor Restructuring. (Image Source: Reuters)

Rapido’s food delivery pilot on hold

Rapido’s pilot launch of its “Ownly” food delivery platform has been postponed due to procedural hurdles and investor restructuring.

August 11, 2025 23:01 IST

swiggy, rapido, industry, Quick commerce, instamart, Zomato, blinkit

Swiggy’s Rapido exit seen as strategic reset

Swiggy’s planned exit from Rapido is being seen as a strategic reset to avoid future conflict of interest, as Rapido…

August 1, 2025 22:32 IST

Vehicles stuck in a traffic jam on Western Express Highway following rain in Mumbai (Photo: ANI)

Ola, Uber, Rapido drivers end Mumbai strike, vow bigger protest ‘if Maharashtra govt fails to…’

The stir began on Tuesday with a majority of Ola, Uber and Rapido drivers halting services in various parts of…

July 19, 2025 20:26 IST

Bike taxis can run, so why not aggregators? Uber challenges Karnataka’s bike taxi ban

Appearing before the Division Bench in an appeal against a single-judge order that upheld the state-imposed ban, Uber asserted that…

July 11, 2025 14:22 IST

Karnataka Minister Priyank Kharge Advocates Regulatory Sandboxes for Bike Taxis Amid Ban. / Representative Photo (Image Source: reuters)

Karnataka IT minister proposes regulatory sandbox for bike taxis amid state ban

Karnataka’s IT & BT Minister, Priyank Kharge, is pushing for the use of regulatory sandboxes to allow app-based bike taxi…

July 10, 2025 23:41 IST

Maharashtra Transport Minister books ride via Rapido, busts illegal taxi operations

His action was taken, followed by receiving senior officials’ assurances that such services were not operational.

Updated: July 3, 2025 12:10 IST

Centre approves use of private bikes for ride-sharing services via aggregator platforms

The Centre has allowed private bikes to be used for passenger transport via aggregators under the Motor Vehicles Aggregator Guidelines…

July 2, 2025 15:54 IST

Cabs to get 2x more expensive in your city; Govt allows peak-hour surge price hike

States have been advised to adopt these revised guidelines within three months, that is, by September 2025.

Updated: July 2, 2025 11:09 IST

India Legalizes Private Bike Taxis Nationwide with New Aggregator Guidelines 2025. (Image Source: Canva)

Now, private vehicles also to ply as bike taxis

In a landmark move, the Ministry of Road Transport and Highways has unveiled its Motor Vehicle Aggregator Guidelines 2025, which…

July 1, 2025 22:20 IST

Karnataka Cracks Down on Auto-Rickshaw Overcharging by App Aggregators. (Image Source: Freepik)

Karnataka crackdown on ride-hailing apps for overcharging on auto rides

Karnataka’s Transport Minister Ramalinga Reddy has issued a strong directive for immediate and stringent action against app-based auto-rickshaw aggregators found…

June 28, 2025 19:38 IST

Rapido, industry, Zomato, Swiggy, NRAI, GST, economics, customers

Rapido to adopt three-tier delivery pricing for food service

Rapido’s food delivery arm ‘Ownly’ to launch in Bengaluru with a unique three-tier delivery fee model. Unlike Zomato and Swiggy,…

Updated: June 26, 2025 23:16 IST

Rapido to Unveil Unified Home-to-Destination Ticketing for Delhi Metro Commuters. (Image Source: Reuters)

Rapido plans unified ticket for metro travellers

Homegrown mobility platform Rapido is developing a new unified ticketing system for Delhi Metro users, integrating first and last-mile bike…

June 25, 2025 21:44 IST

Swiggy, Swiggy Instamart, Zomato, Blinkit, Rapido, quick commerce, food delivery, margins, profitability, gross order value, delivery time, daily orders, EBITDA, cash burn, expansion, dark stores

From underdog to contender: Is Instamart Swiggy’s secret weapon against Zomato? Here’s what BNP Paribas says

Swiggy is mounting a strong comeback in India’s food delivery market, backed by improving margins and faster delivery times. BNP…

Updated: June 23, 2025 14:17 IST

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Swiggy to sell Rapido stake for Rs 2,400 crore

Business36 min ago

Swiggy, a major food and grocery delivery company, is selling its 12% stake in ride-hailing platform Rapido to existing investors Prosus and Westbridge Capital for a total of Rs 2,399.49 crore. This will result in an over 2.5X return for Swiggy, which had invested Rs 950 crore in Rapido in 2022. The deal is subject to approvals from the CCI and Swiggy’s shareholders. The company

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