試す 金 - 無料
Swiggy to review its stake in Rapido
Mint Hyderabad
|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."
このストーリーは、Mint Hyderabad の August 01, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Mint Hyderabad からのその他のストーリー
Mint Hyderabad
An ISL season that is anyone's for the taking
A shorter ISL season emerges, tangled up in legal battles and old contracts, leaving clubs and players to navigate the chaos
5 mins
February 21, 2026
Mint Hyderabad
Learning to pause with 'pa' in Dibang Valley
A series on the joys of rediscovering long-forgotten kitchen paraphernalia A humble yeast starter that honours time and tradition in making rice wine, is a lesson in patience and community
4 mins
February 21, 2026
Mint Hyderabad
Factory rebound lifts India's biz activity to 3-month high
Seasonally adjusted composite PMI rose to 59.3 in February from 58.4 in January
2 mins
February 21, 2026
Mint Hyderabad
Peak XV reloads with $1.3 bn war chest after IPO windfalls
FROM PAGE 16
2 mins
February 21, 2026
Mint Hyderabad
Remembering Robert Duvall
n The Godfather, Tom Hagen, the Corleone family’s adopted son and consigliere, is neither gangster nor outsider, but something stranger and more essential: a civilian mind functioning inside a feudal criminal empire.
3 mins
February 21, 2026
Mint Hyderabad
INDIAN HIP-HOP FINDS ITS FLOW
Indian hip-hop is thriving. Rappers across the country are experimenting with a wide variety of dialects, sounds and ideas. Now an established part of the mainstream in India, desi rap seems poised for a global breakout
5 mins
February 21, 2026
Mint Hyderabad
India's AI showcase draws to a close, declaration to come today
itsshare of controversies.
2 mins
February 21, 2026
Mint Hyderabad
US Supreme Court strikes down Trump trade tariffs
Court's 6-3 ruling upholds that president’s use of 1977 law exceeded his authority
2 mins
February 21, 2026
Mint Hyderabad
Investigating a journalist's legacy
A new documentary on reporter Seymour M. Hersh brings into focus the highs, lows and dangers of ethical journalism
5 mins
February 21, 2026
Mint Hyderabad
Demand engine reboots, margin boost fades in Q3
India Inc’s December-quarter earnings reflected a festive boost that was strong but selective.
1 mins
February 21, 2026
Listen
Translate
Change font size