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

Swiggy on July 31 commented on Rapido's potential entry into the food delivery business. Notably, Swiggy owns a minority ...

Swiggy's move comes at a time when its cash reserves are depleting and its losses are widening in an increasingly competitive ...

Swiggy reports widening net losses in Q1 FY26, with focus on long-term profitability and growth across verticals.

According to a report from Crisil, which dealt with the subject of IPO fund utilization of Swiggy, out of the ₹4499 crore ...

Swiggy led a $180-million investment in Rapido in April 2022 for a nearly 12% stake, making it the single-largest cheque in a ...

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

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 ...

Food and grocery delivery firm Swiggy is battling widening losses, reporting a near 96% YoY increase in net loss to ₹1,197 ...

Rapido is not the first app to step into the online food delivery market. Ola made successful attempts to launch Ola Cafe in 2015 and acquired Foodpanda India in 2017.

A recent viral video of a Delhi woman recording her own accident while on a Rapido bike ride is buzzing on the Internet. The ...