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Filing: Indian ride-hailing app Rapido doubled its valuation to $2.3B after Swiggy offloaded its 12% Rapido stake for $270M in a secondary share sale


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2025-09-23 18:13:12
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Developers , Cybersecurity Business

Jagmeet Singh / TechCrunch:

Filing: Indian ride-hailing app Rapido doubled its valuation to $2.3B after Swiggy offloaded its 12% Rapido stake for ~$270M in a secondary share sale  —  Rapido, a popular ride-hailing platform in India that competes with Uber, has doubled its valuation to $2.3 billion following a secondary share sale by food delivery giant Swiggy.




Jagmeet Singh / TechCrunch:

Filing: Indian ride-hailing app Rapido doubled its valuation to $2.3B after Swiggy offloaded its 12% Rapido stake for ~$270M in a secondary share sale  —  Rapido, a popular ride-hailing platform in India that competes with Uber, has doubled its valuation to $2.3 billion following a secondary share sale by food delivery giant Swiggy.



Source: TechMeme
Source Link: http://www.techmeme.com/250923/p24#a250923p24


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