A recent incident shared by a Bengaluru-based woman has brought attention to a ‘scam’ involving drivers using a fake ride-hailing app to overcharge unsuspecting customers. In a detailed LinkedIn and ...

Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On ...

A Bengaluru woman has warned commuters about a new Rapido scam where drivers allegedly use fake apps to inflate fares. The driver presented a counterfeit app showing a higher charge, and the ride was ...

Swiggy Ltd. has decided to exit Rapido in a stake-sale deal that more than doubles the valuation of the mobility startup. A Swiggy delivery agent. (Reuters) The listed quick-commerce company will sell ...

Food and grocery delivery company Swiggy Ltd has agreed to sell its entire stake in Rapido to Dutch technology investor Prosus and Indian private equity firm WestBridge Capital. Prosus, a common ...

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. The share sale comes ...

Food tech firm Swiggy has divested its entire 11.8% holding in Rapido, selling shares to Dutch investment firm Prosus NV and WestBridge Capital. Of the total transaction valued at ₹2,400 crore, Prosus ...

Dutch investing major Prosus is in talks to invest around $200 million (around Rs 1,750 crore) in Rapido as it looks to increase ownership in the ride-hailing startup, people familiar with the ...

The Central Consumer Protection Authority (CCPA) has ordered transportation service provider Rapido (Roppen Transportation Services Private Limited) to pay a penalty of ₹10 lakh for publishing ...

Consumer protection authority CCPA has imposed a penalty of Rs 10 lakh on ride-hailing platform Rapido for misleading advertisements and unfair trade practices, the consumer affairs ministry said on ...

Moreover, the ₹50 reward was not actual cash but “Rapido coins” valued at “up to ₹50,” usable only for bike rides within seven days. New Delhi: The Central Consumer Protection Authority (CCPA) has ...