Rapido
TMT
Swiggy selling Rapido stake to Prosus, WestBridge; to hive off Instamart
Bengaluru-headquartered food and grocery delivery company Swiggy Ltd has agreed to sell its entire stake in Rapido to......
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 ......
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 ......
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 ......
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, ......
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 ......
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 ......
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 ......
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 ......
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 ......
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