Rapido’s food delivery bet puts investor Swiggy in a tight spot
The bike taxi company learned the ropes in food delivery while working with Swiggy. Now it wants to compete directly.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
Swiggy’s many battles
As losses mount in Q1FY26, the company finds itself in conflict with a former ally, behind on efficiency and committed to the costs of experimentation.
Eternal Q1 profit falls 90% despite a 70% jump in revenue
A change in Blinkit’s business model boosts revenue while core food delivery margins retreat, wiping out operating profits.
Curefoods takes an old-school shot at a public listing
The Bengaluru-based startup has set its sights on an IPO all too quickly. A good mix of tech and services at a reasonable valuation might be its drawcard.