{"id":964006,"date":"2025-09-24T09:57:42","date_gmt":"2025-09-24T04:27:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=964006"},"modified":"2025-09-24T11:39:59","modified_gmt":"2025-09-24T06:09:59","slug":"swiggy-exits-rapido-over-conflict-of-interest-rakes-in-%e2%82%b9-2-400-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/24\/swiggy-exits-rapido-over-conflict-of-interest-rakes-in-%e2%82%b9-2-400-crore\/","title":{"rendered":"Swiggy exits Rapido over conflict of interest, rakes in \u20b9 2 ,400 crore"},"content":{"rendered":"<p>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 \u20b92,400 crore, Prosus\u2019s subsidiary MIH Investments One B.V. acquired shares worth \u20b91,968 crore, while WestBridge Capital picked up the remaining \u20b9431.5 crore portion, as shown in exchange filings on Tuesday evening.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b92,400 crore, Prosus\u2019s subsidiary MIH Investments One B.V. acquired shares worth \u20b91,968 crore, while WestBridge Capital picked up the remaining \u20b9431.5 crore portion, as shown in exchange filings on Tuesday evening.<\/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":[75,4,17],"tags":[],"class_list":["post-964006","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/964006","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=964006"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/964006\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=964006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=964006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=964006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}