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.
Prosus CEO Fabricio Bloisi said Rapido has emerged as the strongest mobility player in India and is set to play a larger role in the group’s expanding ecommerce and fintech ecosystem. The comment ...
A Bengaluru woman has praised a Rapido rider after an incident that turned a routine late-night commute into a memorable story of trust and compassion. Taking to Instagram, the woman, identified as ...
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 LinkedIn post highlighting the story of a Rapido driver who moonlights to improve his financial situation is gaining significant traction. The post, shared by a woman named Komal Porwal, a ...
Rapido cofounder Aravind Sanka told PTI that the company expects to maintain its growth rate of 100 per cent year-on-year for the next few years and be a much larger player compared to its nearest ...
A woman in Bengaluru has accused a Rapido bike taxi rider of inappropriate behaviour. She reported the rider attempted to grab her legs during a journey. The incident has prompted an investigation by ...
Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On ...
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 ...
Of the total transaction, Prosus’s subsidiary MIH Investments One B.V. acquired shares worth ₹1,968 crore, while WestBridge Capital picked up the remaining ₹431.5 crore portion, showed exchange ...
Swiggy Ltd. has decided to exit Rapido in a stake-sale deal that more than doubles the valuation of the mobility startup. A Swiggy delivery agent. (Reuters) The listed quick-commerce company will sell ...
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