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As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...
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NDTV Profit on MSNSwiggy Confirms Rapido Stake Re-Evaluation Amid Intensifying CompetitionThis decision comes as Swiggy navigates a period of increased marketing investments and a focus on profitability across its ...
Swiggy said Thursday that it was "actively re-evaluating" its investment in urban mobility startup Rapido, which is planning ...
Swiggy’s investment into Rapido was made nearly three years ago. According to the company’s annual report, in FY23, Swiggy ...
Swiggy invested in Rapido in 2022 and holds a stake of around 12 percent in the company which translates to around $120 ...
Swiggy's move comes at a time when its cash reserves are depleting and its losses are widening in an increasingly competitive ...
While Rapido has not officially announced its foray into food delivery, a proposal shared with restaurants shows that food ...
Food and grocery delivery firm Swiggy is battling widening losses, reporting a near 96% YoY increase in net loss to ₹1,197 ...
Food-tech firm Swiggy will re-evaluate its investment in ride-hailing startup Rapido, citing a potential conflict of interest ...
Swiggy reports widening net losses in Q1 FY26, with focus on long-term profitability and growth across verticals.
Shubham Parmar balances a nine-hour office job in hospitality with part-time work at Rapido, aiming for extra income ...
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