Archive · 26 Sep 2025
Swiggy Sells Rapido Stake: Analysts Weigh In
Imagine Swiggy, like a food delivery service, also invested in another company called Rapido.
Swiggy has decided to sell its part of Rapido to other companies.
This sale will give Swiggy some money.
They plan to use the money to help their quick-commerce service, Instamart, which delivers groceries and other items fast.
Some experts think this is good because it gives Swiggy money, while others worry it may not be enough to solve their financial problems.
One company, Blinkit, is growing fast, which makes the Instamart's future uncertain.
The company's stock has gone up recently, but some analysts suggest raising more funds.
Swiggy is selling its 12% stake in Rapido for ₹2,400 crore.
Prosus and Westbridge are the buyers.
The sale aims to provide capital for Instamart, Swiggy's quick-commerce arm.
Analysts have mixed reactions, with some seeing it as a positive move and others as a temporary fix.
The stock has seen recent gains but remains below its peak value.
- Who
- Swiggy
- What
- Sold its 12% stake in Rapido for ₹2,400 crore
- When
- Announced this week
- Where
- N/A
- Why
- To free up capital for Instamart
Mixed Analyst Opinions
Differing Perspectives
Financial Impact
Mixed Analyst Opinions
Some analysts see the stake sale as a temporary solution.
Differing Perspectives
Other analysts view it as a good move to weather the current burn phase.
Instamart's Future
Mixed Analyst Opinions
Analysts are cautious about Instamart’s expansion compared to competitors like Blinkit.
Differing Perspectives
N/A
- Sale Amount
- ₹2,400 crore
- Buyer
- MIH India Food Holdings BV (Prosus) & Setu AIF Trust (Westbridge)
- Swiggy Stake Sold
- 12% of Rapido
- Prosus Stake in Swiggy
- 23.3%
- Stock Performance (Last 6 Months)
- Up 30%
- Stock Performance (Last Month)
- Down 2%