Swiggy to sell its entire stake in Rapido for Rs 2,400 crore
The move comes after the ride-hailing firm’s launch of Ownly, its standalone food delivery app, which came into direct conflict with Swiggy’s business.
23 September, 2025•2 min
0
23 September, 2025•2 min
0
More in Internet
Internet
The intercity bus bet by Indian startups is having its moment
Gone are the days of ramshackle buses and spotty schedules. Startups now offer a viable alternative to rail and air travel. But the real test lies ahead as they are only getting started.
You may also like
Internet
Why won’t VCs or anyone else invest in BigBasket?
Early movers don’t always win and other lessons from India’s constantly evolving startup landscape.
Internet
Can Rapido’s Ownly rewrite India’s food delivery economics?
With transparent pricing and a zero-commission model, Ownly seems like the first serious challenger to the Zomato-Swiggy duopoly.
Internet
Will India’s quick commerce success eventually gut the MRP?
Beyond convenience charges and private labels as ways to increase margins, it is dynamic pricing that offers a sustainable way out for quick-commerce players.