Accel backs Uber rival Rapido as Prosus boosts stake
TVS Motor booked a 152% return as it sold its Rapido stake to Accel and Prosus.
Rapido
TechCrunch Mobility: Self-driving trucks startup Kodiak goes public and a shake-up at Hyundai’s Supernal
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
Uber-rival Rapido doubles valuation to $2.3B following Swiggy stake sale
Swiggy has offloaded its entire 12% stake in Rapido for about $270 million through two separate deals.
India’s Rapido begins testing food delivery to take on Swiggy, Zomato
Rapido’s beta food delivery service has popped up in three key localities in Bengaluru before a broader rollout.