Rapido
TMT
Rapido's Sanka on being frugal, getting ready for an IPO, and more
Rapido, which began as a bike-taxi disruptor, has grown into a multi-format mobility platform spanning autos, cabs, and logistics, and ......
TMT
Prosus stepping up India strategy as PayU turns profitable, says CEO
Dutch investment group Prosus, which makes technology-focused investments across India, Latin America and Europe, is doubling down on its ‘ecosystem’ ......
General
Deals Digest: PE/VC volumes fall; M&As remain muted
The number of private equity and venture capital deals involving Indian companies fell in the holiday-shortened week through Friday but ......
Finance
Rapido backer and executive-search consultancy Positive Moves may launch AIF
Positive Moves, a global executive search and consulting group headquartered in New Delhi, may structure its investment operations into a formal ......
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 ......
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