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

Swiggy is re-evaluating its 12% stake in bike-taxi startup Rapido after the latter announced plans to enter food delivery, a ...

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

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.

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

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.

The case was registered after six regional transport office (RTO) officers in Mumbai booked bike taxis on Rapido recently, after learning that the company was illegally offering the service.

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