Tag: Rapido
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Swiggy to offload Rapido stake for nearly ₹2,400 crore in twin deals
Swiggy Ltd has approved the divestment of its holding in bike-taxi operator Rapido through two separate transactions worth a combined ₹2,399 crore.The company will...
Rapido fined ₹10 lakh by CCPA for misleading advertisements
Ride-hailing service Rapido has been fined ₹10 lakh by the consumer protection watchdog CCPA for misleading advertising practices, further directing the company to...
Swiggy looks to net ₹2,500 crore from Rapido stake sale
Food and grocery delivery platform Swiggy has initiated the process of divesting its approximately 12% stake in ride-hailing startup Rapido, according to people familiar...
Bike taxi ban in Karnataka: Ola, Uber, Rapido to halt services from June 16
The Karnataka High Court, on Friday, refused to suspend a single judge’s order requiring bike taxi services to stop operating until the state government...
