23 Sep 2025 | 3 Mins Read
Swiggy sells Rapido stake for ₹2,400 crore in separate deals
Flipitmoney
Swiggy Ltd approved the divestment of its holding in Rapido for ₹2,399 crore through two transactions. The company will sell shares worth ₹1,968 crore to MIH Investments and ₹431 crore to Setu AIF Trust. This move aims to realise investments and generate value for shareholders, with Rapido being one of Swiggy's significant portfolio exits.