Mumbai: The police have registered an FIR against the directors Ola and Rapido, for allegedly operating bike-taxi services in Mumbai without permission from the state government or the Regional ...
CHENNAI: Rapido will think of public listing when it has captured 70-75% of the ride-hailing market, says the Vivek Krishna, vice-president, finance, in an interaction with the New Indian Express.
Rapido’s partnership with Magicpin signals an aggressive attempt to scale Ownly far faster than any new food delivery entrant in recent years. By tapping into Magicpin’s network of more than 80,000 ...
Magicpin and Rapido are teaming up to challenge Zomato and Swiggy's dominance in food delivery. This alliance will grant Rapido access to magicpin's extensive restaurant network, while magicpin gains ...
A recent incident shared by a Bengaluru-based woman has brought attention to a ‘scam’ involving drivers using a fake ride-hailing app to overcharge unsuspecting customers. In a detailed LinkedIn and ...
Two-wheeler major TVS Motor has entered into separate share purchase agreements to divest its entire stake in ride-hailing startup Rapido (Roppen Transportation Services Pvt. Ltd.) to Accel India VIII ...
Bengaluru-based ride-hailing startup Rapido is finalising a $500-550 million (Rs 4,500-5,000 crore) funding round, combining primary and secondary deals, while Swiggy exits its stake in the ...
Swiggy has approved the sale of its stake in bike-taxi startup Rapido to existing investors Prosus and Westbridge in a transaction valued at around ₹2,400 crore. Exchange filings on September 23 ...
A Rapido driver in Bengaluru claimed that he was suspended from the Captain app after posting about rider safety and payment issues on X, sparking widespread discussion online. The driver shared ...
Swiggy's board has approved the sale of its Rapido stake for approximately Rs 2,400 crore to Prosus affiliate MIH Investments One and WestBridge Capital's Setu AIF Trust. This decision reverses Swiggy ...
Rapido, a popular ride-hailing platform in India that competes with Uber, has doubled its valuation to $2.3 billion following a secondary share sale by food delivery giant Swiggy. The share sale comes ...
Food tech firm Swiggy has divested its entire 11.8% holding in Rapido, selling shares to Dutch investment firm Prosus NV and WestBridge Capital. Of the total transaction valued at ₹2,400 crore, Prosus ...