Rapido
TMT
Swiggy selling Rapido stake to Prosus, WestBridge; to hive off Instamart
Food and grocery delivery company Swiggy Ltd has agreed to sell its entire stake in Rapido to Dutch technology investor ......
General
Grapevine: Prosus, CVC Capital, Avendus, Macquarie, Novo Holdings, others in news
Dutch investment group Prosus is eyeing Swiggy’s stake in ride-hailing platform Rapido, the American PE firm CVC Capital Partners has ......
General
Grapevine: PE-owned A23 Rummy challenges gaming ban; Prosus plans Rapido top-up
Head Digital Works, which operates online gaming platforms like A23 Rummy, A23 Poker, and Cricket.com, has filed a petition in ......
TMT
Rapido raises fresh capital to build war chest for food delivery expansion
Ride-hailing platform Rapido is in the process of raising Rs 125 crore ($14.6 million) from venture capital firm Nexus Ventures, ......
Consumer
Ride-hailing platform Rapido venturing into food delivery
Rapido is entering the food delivery segment with a new platform that charges restaurants a fixed fee per order, according ......
TMT
India's top-funded startups improve cash flow but there is still a long way to go
India’s top-funded technology startups continued to spend more cash on their core business operations than they generated from those activities ......
TMT
Uber adopts smaller rivals' model for India autorickshaw rides
Ride-hailing platform Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them ......
General
Deals Digest: M&As dominate but PE/VC funding value slips
Big-ticket mergers and acquisitions dominated dealmaking activity during the week while the total amount invested by private equity and venture ......
TMT
Prosus hitching a ride on mobility unicorn Rapido
Ride-hailing platform Rapido, which entered the unicorn club last year, has secured Rs 250 crore ($28.8 million) in fresh capital ......
TMT
Flashback 2024: Top technology deals of the year
India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity investments favoring consumer tech, while IT services ......
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