{"id":962308,"date":"2025-09-17T10:10:53","date_gmt":"2025-09-17T04:40:53","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=962308"},"modified":"2025-09-17T12:11:17","modified_gmt":"2025-09-17T06:41:17","slug":"dutch-firm-prosus-nv-eyes-12-rapido-stake-from-swigyy-for-150-180m","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/17\/dutch-firm-prosus-nv-eyes-12-rapido-stake-from-swigyy-for-150-180m\/","title":{"rendered":"Dutch firm Prosus NV eyes 12% Rapido stake from Swigyy for $150-180m"},"content":{"rendered":"<p>Swiggy is planning to sell its 12 per cent stake it holds in Rapido and Dutch investment firm Prosus NV is reportedly looking to invest $150-180 million to acquire the largest portion of Swiggy\u2019s stake in Rapido, according to a report by Mint. <\/p>\n<p>Swiggy had acquired the 12% stake in April 2022 for $180 million. At the proposed valuation, Swiggy\u2019s stake is likely to be worth over $320 million, or Rs 2,825 crore. Rapido is \u201clikely to be valued at $2.5-2.7 billion\u201d for the stake sale, one source told Mint. The company had earlier been valued at $1.1 billion during its $200 million Series E round led by WestBridge Capital in September last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiggy is planning to sell its 12 per cent stake it holds in Rapido and Dutch investment firm Prosus NV is reportedly looking to invest $150-180 million to acquire the largest portion of Swiggy\u2019s stake in Rapido, according to a report by Mint. Swiggy had acquired the 12% stake in April 2022 for $180 million. At the proposed valuation, Swiggy\u2019s stake is likely to be worth over $320 million, or Rs 2,825 crore. Rapido is \u201clikely to be valued at $2.5-2.7 billion\u201d for the stake sale, one source told Mint. The company had earlier been valued at $1.1 billion during [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-962308","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/962308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=962308"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/962308\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=962308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=962308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=962308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}