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TVS Motor to sell stake in Rapido for ₹288 crore

Financial Express Delhi

|

November 07, 2025

TVS MOTOR COMPANY on Thursday announced that it has entered into agreements to divest its stake in bike-taxi aggregator Rapido for ₹287.93 crore.

- PRESS TRUST OF INDIA

The twoand three-wheeler manufacturer has signed agreements with Accel India VIII (Mauritius) Limited and MIH Investments One BV forthe monetisation of investment held in Roppen Transportation Services Private Limited (Rapido), according to an exchange fili

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