September 27, 2025

Swiggy, India’s popular food delivery giant, is in the midst of a major shake-up! Although it started as a fierce rival to Zomato, Swiggy now faces tough competition, especially with Blinkit racing ahead and Rapido pushing hard in quick commerce. The company is spending money faster than it’s earning, and it looks like fresh funding is on the cards. To stay afloat, Swiggy is offloading assets and reorganizing its business. The biggest news? Swiggy sold 12% of its stake in Rapido for a whopping INR2,400 crore to investment firms Prosus and Westbridge. This sale is a smart exit because Swiggy had bought that stake in Rapido for about INR1,000 crore in 2022. So, in just a short time, it has more than doubled its investment! The striking move comes as Swiggy braces for a tough battle in the fast-growing quick-commerce market. With Blinkit sprinting ahead and Rapido muscling in, Swiggy’s old ways won’t be enough anymore. The company is cutting costs and reshuffling to survive this fierce race. Sriharsha Majety, Managing Director and Group CEO of Swiggy, is steering the company through these choppy waters. The quick-commerce war is about speed, efficiency, and smart money moves. Swiggy’s latest stake sale is one such move to fuel its fight and keep its hunger alive in the busy delivery market. So, what’s next for Swiggy? The company will probably look for more funds and continue reshaping itself to stay strong. The quick-commerce space is heating up fast, and Swiggy’s battle for survival just got a lot spicier!

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Tags: Swiggy, Rapido, Quick commerce, Funding, Asset sale, Corporate restructuring,