Swiggy's board has approved the sale of its stake in Rapido. The sale will be to MIH Investments One B.V. and Setu AIF Trust. The total value of the deal is Rs 2,399 crore. Swiggy will also transfer its Instamart business to a subsidiary. The transfer includes all assets and liabilities. The deal awaits regulatory and shareholder approvals.
Finance
September 24, 2025
Swiggy shares in focus after Rs 2,399 crore stake sale in Rapido, Instamart slump sale
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