Essayer OR - Gratuit
Swiggy to review its stake in Rapido
Mint Bangalore
|August 01, 2025
Swiggy's losses nearly doubled in April-June despite a jump in revenue as Instamart continued to bleed cash
On-demand convenience firm Swiggy on Thursday said it will re-evaluate its investment in ride-hailing startup Rapido, citing a potential conflict of interest in the future as the mobility venture recently entered the food delivery segment.
"Rapido is now the largest mobility player in India by rides, and has been a disruptor in its space. As a shareholder, we are extremely happy with their success and value-creation; but do acknowledge a potential conflict of interest that may arise in the future," Swiggy said in its letter to shareholders.
"Our ~12% minority stake has appreciated significantly since our investment (basis incoming interest) and we are actively re-evaluating our investment due to the above developments."
Cette histoire est tirée de l'édition August 01, 2025 de Mint Bangalore.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Bangalore
Mint Bangalore
Maruti's EV foray
This week, Maruti Suzuki India launched eVitara, its first electric vehicle (EV) offering.
1 min
February 19, 2026
Mint Bangalore
Vance says Iran is ignoring core U.S. demands in talks
Vice President JD Vance said Iran had failed to acknowledge core U.S. demands in talks here Tuesday, after which Washington said it had agreed to give Tehran two weeks to close the gaps between the sides.
5 mins
February 19, 2026
Mint Bangalore
Nissan bets on new models, sales boost
Japanese automaker Nissan is lining up multiple products and bolstering its sales infrastructure as it places 2026 as the year of resurgence for the brand in India.
1 min
February 19, 2026
Mint Bangalore
Qualcomm pledges $150 mn for Indian AI startups
American chipmaker Qualcomm Inc has set aside $150 million for a dedicated venture capital fund targeting artificial intelligence (AI) startups in India, chief executive Cristiano Amon said on Wednesday.
1 min
February 19, 2026
Mint Bangalore
Reits: retail gateway to premium realty
Real estate has long been a preferred investment for Indians, but commercial property ownership carries high entry barriers—from big upfront costs, long-tenure loan, maintenance hassles and tenant management, and liquidity constraints make direct ownership onerous.
2 mins
February 19, 2026
Mint Bangalore
Airports lose their bargaining power in airline bankruptcies
Stressed airlines may now be less willing to pay advance deposits or accept stricter credit terms
3 mins
February 19, 2026
Mint Bangalore
Chinese equipment import norms eased
India has begun easing its restrictions on buying Chinese equipment after a deadly 2020 border clash
1 min
February 19, 2026
Mint Bangalore
The phantom stealth fighter that exposes Europe's deep divisions over defense
Duplicated efforts, fragmented industry and soured collaborations are among reasons region isn’t getting more bang for its defense buck
4 mins
February 19, 2026
Mint Bangalore
India is just 4% of world market: investors need global exposure
Viram Shah, co-founder and chief executive officer, Vested Finance, and Vaibhav Shah, head of products, business strategy, and international business, Mirae Asset Investment Managers (India), explained how investors can diversify abroad despite overseas investing limits in mutual funds, which have limited overseas investment options for investors at the Mint Money Festival 2026.
3 mins
February 19, 2026
Mint Bangalore
WILL SAJJAN JINDAL'S AUTO GAMBLE PAY OFF?
JSW Group is betting on hybrids and EVs to disrupt the tight control four companies exert over India’s car market
8 mins
February 19, 2026
Listen
Translate
Change font size