Swiggy on July 31 commented on Rapido's potential entry into the food delivery business. Notably, Swiggy owns a minority ...

As competition in India's food and quick commerce sectors intensifies, Swiggy is taking a hard look at its investment ...

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

Swiggy reports steady food delivery growth with an 18.8% increase in Gross Order Value in Q1. Despite a loss in quick commerce, efficiency is improving as the company re-evaluates its investment in ...

Swiggy led a $180-million investment in Rapido in April 2022 for a nearly 12% stake, making it the single-largest cheque in a ...

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

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

Swiggy said Thursday that it was "actively re-evaluating" its investment in urban mobility startup Rapido, which is planning ...

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, ...