Archive · 1 Aug 2025

Swiggy Reconsiders Rapido Stake Amid Shifting Market Dynamics

Swiggy Reconsiders Rapido Stake Amid Shifting Market Dynamics

Swiggy, a company that delivers food, is selling its investment in Rapido, a ride-hailing company.

This is because Rapido is now also delivering food, which could cause problems for Swiggy.

Experts think this is a good move, allowing Swiggy to focus on its main business.

Although Swiggy's recent profits were down, their income went up, and analysts believe things will improve.

The company's quick commerce services lost money, while food delivery made some profit.

Sources