Swiggy to exit Rapido in a ₹2,400-crore stake sale deal with Prosus, Westbridge Capital

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Swiggy's stake sale values Rapido at ₹20,330 crore (about $2.3 billion) as against $1.1 billion in the last round of funding.

Published on: Sep 23, 2025 8:01 PM IST

By HT Business Desk

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Swiggy Ltd. has decided to sell its entire stake in Rapido in a ₹2,4000-crore deal, according to an exchange filing. That pegs Rapido's valuation at ₹20,330 crore as against ₹1.1 crore in the last round of funding in 2024.

A Swiggy delivery agent. (Reuters)

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News/Business/ Swiggy To Exit Rapido In A ₹2,400-crore Stake Sale Deal With Prosus, Westbridge Capital

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