Swiggy Shuts 15-minute Food App Snacc
Swiggy closes 15-minute app Snacc after a year, signalling tighter capital allocation amid mounting losses and rising competition.
E-commerce & Marketplaces
Uncategorized
Rapido Crosses Rs 900 Cr Revenue, Cuts Losses By 30%
- by BW Retail World Bureau
- January 22, 2026
Swiggy-backed ride-hailing unicorn scales mobility and delivery operations while launching Ownly, its zero-commission food delivery platform
Companies
Food & Beverage.
Swiggy To Exit Rapido, Sell Stake In Rs 2,399 Cr Deal
- by BW Retail World Bureau
- September 24, 2025
Swiggy describes the move as part of a strategic effort to unlock investments and generate value for shareholders
Companies
Food & Beverage.
OTP Delays, Glitches: Rapido’s Food Delivery Bet Hits Teething Issues
- by BW Retail World Bureau
- September 16, 2025
A report by Elara Capital notes that Rapido must resolve tech issues and expand restaurant options to justify its ongoing cash burn
Brands
Companies
Consumer
Rapido Eyes ‘Ownly’ Food Delivery Service Pilot In Bengaluru
- by BW Retail World Bureau
- July 1, 2025
The company is aiming to build goodwill by addressing long-standing complaints from eateries,
Brands
Companies
Consumer
Food & Beverage.
Nexus Venture Partners To Invest Rs 125 Cr In Rapido: Report
- by BW Retail World Bureau
- June 10, 2025
The reports state that Rapido has finalised online food delivery terms and partnership costs with restaurants at almost half the commission charged by the two rivals
Companies
Consumer
Food
Rapido Finalises Food Delivery Partnership Terms, Eyes Challenging Duopoly: Reports
- by BW Retail World Bureau
- June 9, 2025
The reports state that Rapido is likely to charge commissions in the range of 8 to 15 per cent
Companies
Consumer
Rapido’s GOV Rises To $1.25 Bn In FY25: Reports
- by BW Retail World Bureau
- May 23, 2025
The reports state that the company is fulfilling around 3 to 3.5 million per day across its different platforms