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As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
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’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...
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NDTV Profit on MSNSwiggy Confirms Rapido Stake Re-Evaluation Amid Intensifying CompetitionThis decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...
Swiggy on July 31 commented on Rapido's potential entry into the food delivery business. Notably, Swiggy owns a minority ...
Swiggy invested in Rapido in 2022 and holds a stake of around 12 percent in the company which translates to around $120 ...
Swiggy said Thursday that it was "actively re-evaluating" its investment in urban mobility startup Rapido, which is planning ...
While Rapido has not officially announced its foray into food delivery, a proposal shared with restaurants shows that food ...
Food and grocery delivery firm Swiggy is battling widening losses, reporting a near 96% YoY increase in net loss to ₹1,197 ...
Swiggy reports widening net losses in Q1 FY26, with focus on long-term profitability and growth across verticals.
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