September 27, 2025
Swiggy’s Big Move: Selling 12% Rapido Stake for INR2,400 Crore as Quick-Commerce Heats Up
Swiggy is shaking things up! Facing fierce competition and spending cash fast, it’s selling 12% of Rapido for INR2,400 crore to get fresh funds. The food-delivery giant is restructuring to survive the speedy quick-commerce war with Blinkit and Rapido.